I have a significant Margin Loan on this stock and with the current gains this is now on a 36% LVR. I want to top up my holding to about a 44% to 45% LVR. This would mean that I would only get a margin call if the share price ever hit 32cents again (I think this is unlikely)....from a charting perspective (or any other) what is the likelihood of this ever retreating to 32cents? Personnaly I dont think this will ever see the low 30's again but would appreciate anyones thoughts.
I think we are off and running now..this seems to be such a no brainer, barring a major catastrophe this stock WILL be $1 plus within the next 2 years...nothing is certain but this is as close as it gets...
PNA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held