I agree - this is a screaming buy for a long term hold, and has been sold down with resources I suspect - will gradually start accumulating on dips like this one. Bought at close, and will buy more if it gaps down tomorrow. Then will keep my cash for sub $2, or in the event of a crap raise. By my sums if historic returns are a guide to the future - this will provide a 21% pa IRR over the next decade.
Funny - shorted this today in my trading account on that ann, then longed in my super fund at the close. That is a first for me.
Goodluck everybody
Long term accumulate IMO. Short term - good for trading either direction.
Shorts Covering, page-4
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $7.030M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.5¢ | $51.72K | 289.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CDD (ASX) Chart |