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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Last
95.5¢ |
Change
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Mkt cap ! $695.1M |
Open | High | Low | Value | Volume |
96.0¢ | 97.0¢ | 95.0¢ | $866.7K | 902.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 37939 | 95.5¢ |
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Price($) | Vol. | No. |
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96.0¢ | 2088 | 3 |
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6 | 77321 | 0.955 |
13 | 181243 | 0.950 |
7 | 65333 | 0.945 |
16 | 318446 | 0.940 |
Price($) | Vol. | No. |
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0.970 | 179493 | 9 |
0.975 | 239737 | 9 |
0.980 | 218248 | 18 |
0.985 | 294675 | 7 |
0.990 | 203743 | 17 |
Last trade - 10.14am 28/05/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 10.34am 28/05/2024 ? |
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