THis is a trading thread LJSM. Honestly not mocking or anything, but curious, from a trading perspective. Did you sell some at $0.60 or buy in below these levels (I entirely agree it was priced higher when it was in a far weaker position as a business pre-BioHorizons/Henry Schein)? If you believe in the business and the mkt is undervaluing it, why sell lower and be happy buying back when it is less "unloved". Not a good trading/investment habit to get into, selling stock lower only to buy it back higher when the mkt recognises the business growth, as you say you will when the mkt loves it a little more and the price action higher?
Personally, very loosely, I buy/invest in stocks when the mkt is not loving them (lower) and sell them when it is (higher). I have steadily increased my OCC position over a decade and will unlikely be selling out in the next decade unless it gets taken over or goes to absurd pricing (then only forced by tax liabilities on gains).
THis is a trading thread LJSM. Honestly not mocking or anything,...
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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 |