EYE 5.56% 19.0¢ nova eye medical limited

You might get another 1c or 2c lower DBrent ? But around 20/21c...

  1. 7,314 Posts.
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    You might get another 1c or 2c lower DBrent ? But around 20/21c is always good support + it has bounced off the 150d sma a few times & that is at approx 21.5c ATM.

    Yep June tax loss selling is probably more of an issue than anything else, as IMO the FA supports a price above the current one. There are a lot of people 'trapped' from that big vol spike up over 30c from around end of Dec to start of Jan so maybe they are just taking the loss to off set elsewhere.

    I have had very small buys at 25c, then 24c then 23c !! so I guess 2 to go at 22c then 21c .... hopefully not at 20c !!, in fact hoping that 150d sma holds at 21.5c BUT at tax loss selling time anything could happen as the lemmings keep jumping off the cliff !!

    Meanwhile lots of people going blind as early/intermediate AMD progresses to late stage wet AMD & they get injected up with VERY expensive drugs so that big pharma & eye 'professionals' can keep make mega $$$. Sure wouldn't want a 6 monthly 'cheap' 2RT laser treatment to slow/halt that gravy train now would we :-(

    https://hotcopper.com.au/data/attachments/6230/6230866-4bf682ec924cd1200544e0dc038db5a8.jpg
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