yes, good post mate
I have been involved in some way in the share market for a lot of years, but moreso from about 1999 and have seen a fair few cheap looking stocks go broke! Normally with a chart like this one too!
I dont like the fact there has not been a good bounce back either from those lows of a couple of days ago (46c) .
However, despite those two facts against buying, I have bought more at these levels, but cant recommend others do so - I do not think that Sol Patts, although opportunistic, are real sharks and are unlikely to let it go broke if it has a future (which I believe they already think it has)
There is also a chance the defence force may help out in some way before it gets to that stage -it is very unfortunate this mob were spending like drunken sailors, a fact i pointed out, though it was obvious, a couple of years ago - i did sell a fair few, wish i sold all, though i did take some profits up high also.
Your excuses for them do ring pretty true, really , but is cutting them a fair bit of slack!
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Last
$1.71 |
Change
0.050(3.02%) |
Mkt cap ! $328.9M |
Open | High | Low | Value | Volume |
$1.65 | $1.74 | $1.65 | $1.114M | 654.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7135 | $1.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.73 | 7519 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7135 | 1.705 |
5 | 28478 | 1.700 |
1 | 2136 | 1.695 |
1 | 2136 | 1.690 |
1 | 8500 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.725 | 7519 | 1 |
1.730 | 5000 | 1 |
1.735 | 2708 | 2 |
1.740 | 2136 | 1 |
1.745 | 2136 | 1 |
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