All this talk of selling now & buying back later is ridiculous.
If you sell out now, when do you buy back in?
Will the share price fall enough to make it worthwhile to make a small profit & risk the chance of the announcement being made of a contract being signed with no sellers then under $3.00.
I hold 236,000 & have never sold any SMN shares & do not intend doing so until well over $5.00. Even then I will only sell 10% to 15% of my holding. I want to be there, raking in the dividends when they are made.
I am not going to risk being out of the market when the announcement is made.
If things do not work out & the share price falls, then so be it.
That would be far less painful than selling now & missing out on the share price multiplying several times.
Support Levels, page-852
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Last
57.0¢ |
Change
-0.005(0.87%) |
Mkt cap ! $77.60M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.0¢ | 56.5¢ | $33.64K | 58.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4631 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 2300 | 1 |
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| Last trade - 15.24pm 19/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |