Re: Perfect contrarian stock to buy
I started buying at 38c (66% down on that now) as a contrarian stock. Of course I bought up loads at 15c. My total holding is now down 30%, for a long hold. The only thing contrarian in my view is how contrary it is to my other stocks which are all looking either good or reasonable.
Management made a mistake doing a 10 for 1 on this.
Directors need to lead by example here and buy some stock at these levels to show long holders that they back this dusty old beast.
Re: Perfect contrarian stock to buyI started buying at 38c (66%...
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Last
$9.15 |
Change
0.070(0.77%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $9.11 | $9.25 | $9.10 | $2.178M | 237.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1072 | $9.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.16 | 4379 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| ELD (ASX) Chart |