I think the recommendation was to buy up to $1.70, which suggests a higher valuation in mind. You're not much a stock recommendation site if you tell clients to pay to a level where you expect them to get a 0% return.
The real test of the settling value will be when Aus Super and other funds have stopped indisciminate dumping. The volumes on Thurs+Frid were still at a terrific levels, more than a week after results, so still some big players exiting. Volume today is also very high, it's up to 2.3m in two hours. Could see some hard selling into the upswing this afternoon
- Forums
- ASX - By Stock
- Mr Montgomery's Holdoing 2%
I think the recommendation was to buy up to $1.70, which...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)