IGN 1.16% 8.5¢ ignite limited

time to buy

  1. 130 Posts.
    Havn't had a post on CND in a while...

    I got in at $1.98 a week or so ago, with a view to hold for long term. Looks good from a techincal viewpoint, I expect we will enter another accumulation phase, and see the price had back up to $2.20+ in the short term.

    Financial results are expected at the end of the month, and I doubt very much the 'slight' decrease in the dividend will justify the large price drop we have seen from $3+. If anyone else has any thoughts feel free to add.

    I currently hold BRM, CND.
 
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