Cheers for advice harba, much appreciated.
Everything you have said is correct!
I'm fortunate to have purchased the stock at 1.1 and already have a mental stop loss in mind if the news is not as positive as expected.
I was more interested in what experiences people have had on what we can expect (in general terms) on acq announcements.
The old saying plan the trade, trade the plan is a good one and I have a plan in mind.
Just wondering if others can share either their plan or some general tips on what price action we can expect generally.
cheers
Post Acquisition - Trading Plan, page-5
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.34M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.5¢ | $852 | 4.603K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 85797 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 50095 | 2 |
View Market Depth
| Last trade - 10.50am 05/07/2024 (20 minute delay) ? |
| SRT (ASX) Chart |