VYS 3.85% 50.0¢ vysarn limited

july top40 , page-34

  1. 5,980 Posts.
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    I agree with enrichmj the gap was at 92.5 and there is no gap at 60c

    Give the stock 2 or 3 weeks to settle after the markets smacking and it should start to find a long term bottom.

    Looks like 80c is reasonably solid suppport price to me , but if markets continue to be horrendous 72c seems a no brainer Entry , i cant see it trading at 60c unless of course the September quarter is a shocker .

    As the quarter is almost half way through and the company has not made any negative commentary other since the last update which inferred the plant at Gellong should now be full steam ahead September quarterly shoukd be the catalsyst for the next leg up .

    Im a buyer at that time , not before this market is just to risky to be buying companies with revenues that dont support their market cap .


 
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