Gizard
I am not trading this one. I have been holding for the last 18 months and will continue to hold. The 50% tax concession is worth much more than any extra I might make by trading. However since the stock last broke above $2 there has been been little chance to trade. Just slowly going up.
My view on that is that we now have large investors and institutions buying so that every time the price comes off a few cents they move back in and buy. On the way up to $2 there were some large swings as traders sold out then bought back in.
As you have identified, the downward dips are just not happening any more.
Gizard I am not trading this one. I have been holding for the...
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