Well I hope so Aceboy.
This is a risk and reward stock. The potential to fall into that yawning chasm below $2 if we do not secure naval contacts. The potential for riches beyond our dreams with a good announcement. Or, something in between.
But, mate, like our oil and gas stocks, you need to keep researching the company and its sector. Trying to catch a falling knife would be too sad for words. Two of my mining/civil contractors fell off the cliff this year- the eventual profits tasted sweet. But you cannot rely on hope- obey the fundamentals.
That ugly graph just turned uglier. Is Duarte having his press conference yet?
IMHO DYOR
Moving higher to 2.50, page-85
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Last
$2.51 |
Change
0.020(0.80%) |
Mkt cap ! $909.7M | |||
| Open | High | Low | Value | Volume |
| $2.49 | $2.54 | $2.48 | $1.472M | 588.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240 | $2.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 2815 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| ASB (ASX) Chart |