Im now out of this stock having bought it several years ago with an average price of 60 cents. Fair to say i was falling in love and it was a difficult breakup.
However reasons for selling was the good news has now happened , sure it would be nice to get a dividend almost as large as my initial cost of buying the stock . Reality is though once dividend is out shareprice will fall by a sinilar amount anyway.
Also im not being dazzled by talk of a billion dollar market . Same was true of Ellevie. just because the mrket is big dosent mean the product will take it all , its not as if its a new drug , just different means of delivery.
Dont get me wrong i still like the stock , however at current price i considered it good time to relise large profits. Will keep an eye out for reentry at a future point but now see the stock as fully priced . Good luck to those who still hold
in it for the distribution... but maybe more?, page-11
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $22.38M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.9¢ | 7.7¢ | $12.27K | 156.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10092 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 9000 | 1 |
View Market Depth
| Last trade - 15.49pm 14/06/2024 (20 minute delay) ? |
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Last
7.7¢ |
Change
-0.002 ( 2.53 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.8¢ | 7.7¢ | 37473 | ||
| Last updated 12.58pm 14/06/2024 ? | |||||
| ACR (ASX) Chart |