Those are some beautiful numbers by JB. In saying that I did reduce my holdings today by 70%.
Not because I believe that there's something wrong with MSB. On the contrary I still hold 10k because those numbers are so delicious.
Problem for me is capital preservation. Interest rates in the states will have an effect here, like it or not.
I get the feeling that Australians are over leveraged as a whole and conservative portfolio management for the next 6 months might be prudent.
Also as any good gambler should, I set myself a limit of $1.625. It dropped below so I adjusted accordingly. If my feelings are right Il be richer than scrounge mcduck back ready to buy more MSB in 6 months.
Wish me luck.
MSB trading, page-569
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 (20min delay)
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Last
$1.19 |
Change
0.085(7.69%) |
Mkt cap ! $1.358B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.20 | $1.09 | $13.21M | 11.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 75212 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |