Hi all
Do not buy in.
The stock will fall to $0.15. This is the pre-consolidation price. I have been telling you for months. Experience and history shows that with a few exceptions, when a company consolidates its share, the price will drop back to the pre consolidation level.
This is a repeat of Pacific Dunlop all over again. Incompetent managers who will kill the company by a thousand cuts. There will be no recovery. So long as the company is run by fools, it will keep on having bad luck stories, not meeting budget etc.etc.
Pear
panic = opportunity, page-28
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Last
$8.70 |
Change
-0.275(3.07%) |
Mkt cap ! $1.392B | |||
| Open | High | Low | Value | Volume |
| $8.95 | $8.95 | $8.69 | $1.598M | 181.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1939 | $8.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.70 | 5753 | 37 |
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| Last trade - 15.56pm 11/11/2024 (20 minute delay) ? |
| ELD (ASX) Chart |