Already sold most of GWR on Friday @ $1.50. It was a no brainer on Tuesday and Wednesday when it looked like Fairstar shares that were tied up with Opes but I got lucky when Portman came in as a buyer as well. With GWR the downside was almost nothing in that circumstance (FAS losing control) and the upside was back toward $2 plus where they were before FAS gained control.
EMR is a little different in a couple of ways.
Buying in cheap because this market doesn't have the patience to wait 6 to 8 months (for Stokes Bay)
There is downside if Stokes Bay ends up a duster-potentially I could lose 4 or 5 cents a share if nothing goes right for the company in the next 6 months.
But the potential upside is to over $1 so it is a great bet.
With a market cap of $8 million or it doesn't take much to double your money or more.
Already sold most of GWR on Friday @ $1.50. It was a no brainer...
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 (20min delay)
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Last
$3.53 |
Change
0.120(3.52%) |
Mkt cap ! $2.316B | |||
| Open | High | Low | Value | Volume |
| $3.45 | $3.56 | $3.44 | $5.236M | 1.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 59487 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 30638 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EMR (ASX) Chart |