After the last director selldown, I bought loads more at 59-60c but reassessed the investment as a trading hold rather than a sit and forget position. So in the runup to $1.12 I did let a third go at between 90c-$1.12 for a couple of my accounts. I was planning to invest this elsewhere but the issue has led me to wait. I was not on the placement list. The spp will only partially replace the stock sold. 80c seems to be the new 59c, as a base level, assuming the order flow continues. The management’s aggressive “build for stock” approach is quite entrepreneurial, but they were right last time, and I for one expect them to have judged correctly again. If so, a significant move above $1 is on the cards this calendar year. I’ve pencilled in $1.30-$1.50 as my new target.
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After the last director selldown, I bought loads more at 59-60c...
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$1.55 |
Change
-0.410(20.9%) |
Mkt cap ! $1.181B |
Open | High | Low | Value | Volume |
$1.82 | $1.83 | $1.42 | $88.99M | 57.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 44870 | $1.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 15167 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 14870 | 1.540 |
3 | 3010 | 1.530 |
1 | 5001 | 1.525 |
4 | 10765 | 1.520 |
1 | 5001 | 1.515 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 15167 | 3 |
1.555 | 30619 | 4 |
1.560 | 53622 | 4 |
1.565 | 33696 | 2 |
1.570 | 36815 | 8 |
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