You are correct its all about the time frame/investment horizon, but its also all about the % returns can extract from the entry vs exit price. If one sees the core commodity tracking at a lower price than current market and company estimates one has to factor a potential weaker result than forecast and further weakening of sentiment and analyst downgrades. The balance sheet is strong so the weak short to medium term aud almond price wont change the viability of the business but may in the ST result in a significantly weaker SP ( even from these levels.) LT I am bullish on the stock, but ST I think it may go down further based on AUD almond price trend
You are correct its all about the time frame/investment horizon,...
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Last
$4.30 |
Change
-0.020(0.46%) |
Mkt cap ! $520.5M | |||
| Open | High | Low | Value | Volume |
| $4.35 | $4.37 | $4.26 | $825.3K | 192.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 130 | $4.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.31 | 158 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |