Exactly, its counter-intuitive to buy into a falling market and sell into a rallying market. But that's what you have to do (and get the levels right!). Hats off to you yesterday. That was the buy-in. I 'bottled' it myself with a $0.295 bid in having loaded up on the stock last year at $0.40 and more at mid-30's this year. Didn't think they'd get something announced before FY end.
This stock is a great long-term hold for here and mid-term I see a rally back to at least $0.50 on announcements in 2H 2020 and perhaps $1 if with a lucrative J&J partnership and meeting all their past flagged deadlines i.e. CelGro dental approval completed by year end in Australia and US (to add to Europe), CelGro Nerve and Tendon applications in AU/US/EU and my own hope of a TGA ATI application in Australia.
OCC Trading, page-12
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Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $82.68M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.5¢ | $28.61K | 74.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.010 ( 2.60 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 39.5¢ | 2000 | ||
| Last updated 14.09pm 03/05/2024 ? | |||||
| OCC (ASX) Chart |