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
50.5¢ |
Change
-0.025(4.72%) |
Mkt cap ! $69.36M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.0¢ | $142.8K | 285.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 18814 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SMN (ASX) Chart |