Nice post really,
Definitely not for the faint hearted this stock.
When you see a company fundamentally undervalued what should you do?
Wait for a reversal to buy?
How long do you wait to get confirmation?
It's simple, when it is too cheap you buy, when it gets cheaper you buy, so on and so on.
Picking bottoms is a very sticky and smelly business, just buy value and time sorts out the rest.
Especially when your getting over 10% fully franked dividend while your doing that waiting.
We all know this stock is being fiddled with like a catholic chiorboy at sunday school.
More of the same next week $2.60 still holding and i'll buy a test of this if the chance arises monday.
selling is continue, page-17
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Last
$3.87 |
Change
0.030(0.78%) |
Mkt cap ! $44.71B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.90 | $3.85 | $67.39M | 17.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70984 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 154208 | 17 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |