After the recent rights issue Patterson's ended up with 8M shares and I believe they have been the recent sellers and again today.They can't have too many left so as they finish dumping I expect we'll see the price moving back up.It's fundamentals are sound,plenty of cash,good ground and a bloody good resource already established.It may not fly in the next few days but for those prepared to hold for a month I believe they'll be well rewarded .I much prefer to buy unloved out of favor stock before it runs rather than jumping on "running buses"Over the next week I'll be posting further research and maps for SXG
oversold and way undervalued, page-4
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Last
$2.45 |
Change
0.160(6.99%) |
Mkt cap ! $484.4M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.51 | $2.30 | $938.7K | 384.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1267 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.49 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SXG (ASX) Chart |