The fall from grace has been well and truly overdone. I expect a bounce off the lows struck today and some consolidation prior to an advance. Happy with the dividend payout and an entry price sub $5.00.
This could well be one of the great recovery stocks of 2016 as I don't believe there will be much further downside.
It's all pretty subjective but this falling knife is one I am prepared to catch.
Entry Time
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Last
$4.21 |
Change
-0.100(2.32%) |
Mkt cap ! $509.6M | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.31 | $4.20 | $334.0K | 78.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4304 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.21 | 3750 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |