You will be back sooner than you think, this is dirt cheap! The technicals don’t suggest it’s quite over. Friday’s are generally weak too. The course of sales during the day seemed to suggest the heavy selling is over.
The sell sentiment is understandable, but I’m not troubled. I thought you showed great fortitude piling in @Biotrader! I bought a couple more today only because of the aggressive sell down. I am completely overweight this company, and remain convinced of the long term prospects that I’ve raised before- (e.g. margin, production rate, exploration and dividend).
The hedge book is a complete diversion given the amount hedged and the average price- don’t fall for it.
As Seneca the Younger wrote, ‘Time reveals truth”!
GLTAH
NST Share price post merger, page-322
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Last
$15.10 |
Change
-0.160(1.05%) |
Mkt cap ! $17.35B | |||
| Open | High | Low | Value | Volume |
| $15.01 | $15.10 | $14.85 | $35.64M | 2.370M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $15.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.11 | 22202 | 2 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |