ssayrus...We still have to "Drain the Swamp Completely to form a Strong Bottom to start a long Solid positive move" ....and we must see a shift to stronger Institutional buying.
I believe all this is now in progress and we may get panic selling continuing for one more day...yesterday we got twice the daily volume .To form a solid clean out "we normally need three times the daily volume."
The good thing is that the shares are now selling slightly under book value so Price is not out of Whack with Value ..The falling price is now cutting into Solid Wood...indeed we may form a bottom today...but Crowd Panic is a wondrous thing to behold!!!!
Meantime a very good buying opportunity is presenting itself..Always Good buying when you hear the ducks quacking!!!
All the best to All.
Target $18.72, page-8394
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Last
$5.86 |
Change
-0.040(0.68%) |
Mkt cap ! $4.902B | |||
| Open | High | Low | Value | Volume |
| $5.89 | $5.90 | $5.79 | $34.22M | 5.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8142 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 40497 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WHC (ASX) Chart |