Ok I know that we're trying to use TA as an entry point which is good if your a trader.
This IMO and not aimed at anyone.
So if you want to trade the stock why not wait till it starts to get a decent run and buy in. Make your whatever % in a day and jump out. Come US listing it's going to go up... And I'll probably day trade it with probably no risk
But long term knowing September is coming up and if we get a decent announcement do you want to miss out long term and then do you kick yourself for not being in it because the day traders said its not time to buy.
Well I know that if this runs I'm not going to be worried one little bit but I'll just make a little extra day trading it as well. But my core holding is there and that's where I'm going to make my real money and get my 50% capital gain discount etc.
dYOR and don't forget to take tax into account as well....oh and I bought a few extra for luck at 67
AJX Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
