MTS has dropped sufficiently for me to start my buying run on this stock this week.
I don't use stops, but I do use a 'slow dollar averaging' approach.
However my effective 'stop' is the small amount of initial capital allocated (around 1%).
At current prices, I believe there is a fair degree of margin of safety.
However IV is low on the 'certainty factor', so position will be small.
I will add on significant further price declines (subject to no market information) in small increments,
or will react (either buy/sell) on new market information.
At current share prices I never need this company to grow again into the future.
I just need it to stabilise earnings at around 20c. And reduce debt.
To the downside at current market prices, I can still afford it to stabilise earnings at around 16c, reduce debt and pay an annual dividend of 9c. This is not a hard call in my opinion.
Anyway good luck to the shareholders out there.
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Last
$3.91 |
Change
-0.030(0.76%) |
Mkt cap ! $4.297B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.97 | $3.90 | $8.814M | 2.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 101490 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 8897 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| MTS (ASX) Chart |