WFL 0.00% 0.3¢ wellfully limited

technical update, page-134

  1. 1,827 Posts.
    I think Martis is giving analysis from a trading point of view and any short term trend down to 6.5 cents could present the short term trader with an opportunity. However IMO a trader would have sold by now so the only people selling into 7 or 6 cents would be inexperienced market players who can't work out whether they are trading or investing in OBJ.

    New long-term investors shouldn't be concerned if their entry was 11, 9, 8, 7 cents as it will mean nothing when the cumulative results come through. If people believe OBJ management are telling them porkies about the future you sell or if you believe P&G amongst other potential deals are real you hold IMO.
 
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