Alex it's not unusual for a stock to retrace 50% and then return to a price a lot higher than the old high...As Charlie Monger said if you can't handle a 50% correction you shouldn't be in the stock markets .
My view is simple ...study the stock very carefully and if you like it enough... Fundamentally ,Technically and Management wise ...and the price is well below most valuations and you like it enough to buy the whole company then be happy that you can buy a few shares...and then just be lazy on Quality and the price will eventually take care of itself.
All the Best to All
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Last
$5.52 |
Change
0.050(0.91%) |
Mkt cap ! $4.618B | |||
| Open | High | Low | Value | Volume |
| $5.48 | $5.57 | $5.45 | $29.26M | 5.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2400 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 6762 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| WHC (ASX) Chart |