It's unlikely anybody of the mums and dads are nervous at all. As I write this the share price is $2.14 which represents a 7% rise in under 2 weeks. (the mums and dads bought at $2.00 p/s)
This share price will fluctuate up and down in the short term with all of the strong short-term interest / profit-taking, will settle down after January and trend upwards slowly, then based on the announcements/results/balance sheets will bounce up or down depending on whether the news is positive or negative, as you would expect. There will likely be a small rally before the first expected dividend payment in September 2015 and until then, assuming there is no bad news this will trend upwards in a stable fashion AFTER the heavy fluctuations until Jan/Feb 2015 with a small spike in July/Aug 2015 just prior to the divvy.
What is there to be nervous about? Those who have bought in have paid for a quality and stable company and the share price will easily reflect its performance/announcements. It's the companies that are not stable and the share price doesn't behave as anticipated that you need to worry about!
GL to all holders, I only bought in $3000 worth, but along with IAG I'm not so worried about MPL.
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It's unlikely anybody of the mums and dads are nervous at all....
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Last
$3.84 |
Change
0.010(0.26%) |
Mkt cap ! $10.57B |
Open | High | Low | Value | Volume |
$3.81 | $3.84 | $3.79 | $33.74M | 8.827M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37970 | $3.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 75437 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37970 | 3.830 |
4 | 152864 | 3.820 |
7 | 99984 | 3.810 |
8 | 165328 | 3.800 |
5 | 25128 | 3.790 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 75437 | 4 |
3.850 | 187276 | 10 |
3.860 | 166136 | 4 |
3.870 | 22622 | 4 |
3.880 | 17479 | 2 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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