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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Change
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Mkt cap ! $696.0M |
Open | High | Low | Value | Volume |
98.5¢ | $1.01 | 95.5¢ | $7.260M | 7.411M |
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No. | Vol. | Price($) |
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6 | 76426 | 96.0¢ |
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Price($) | Vol. | No. |
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1 | 1047 | 0.955 |
26 | 141707 | 0.950 |
9 | 132459 | 0.945 |
6 | 71793 | 0.940 |
Price($) | Vol. | No. |
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0.965 | 14955 | 2 |
0.970 | 120 | 1 |
0.975 | 34857 | 3 |
0.980 | 15578 | 3 |
0.985 | 17401 | 2 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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