PGC 2.22% 46.0¢ paragon care limited

I was tempted to trade at the time of the recent acquisition...

  1. 733 Posts.
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    I was tempted to trade at the time of the recent acquisition announcement. I new there would be a jump after the announcement and I wasn't convinced it would hold.

    It didn't...falling from around 35 cents to 32 cents pretty quickly.

    I was tempted to sell at least part of my holding at 35 cents and buy it back.

    But I didn't sell any.

    It's understandable there has been weakness in the stock with the whole market plunging in the last fortnight or so. But today's volume and price movement was encouraging. Although the buy depth has been worryingly thin, the buyers came back in strength today and showed the stock still has good support.

    With a dividend due this coming next month I hope the price can firm around 36 cents and consolidate support there.
 
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Last
46.0¢
Change
0.010(2.22%)
Mkt cap ! $761.4M
Open High Low Value Volume
44.5¢ 46.0¢ 44.0¢ $346.1K 769.5K

Buyers (Bids)

No. Vol. Price($)
1 79186 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 55989 5
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
PGC (ASX) Chart
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