topped up today

Looked at fundamentals vs time AND the chart and came to the logical conclusion that risk vs reward appears to be no better than any time in the past.

So I topped up today.

OK the fundamentals are, according to the coy, an income stream by mid to late this year, with net profit equal to 1c/share. IS this guarenteed? NO .... but its a considerably better proposition than 24 months ago isn't it when the share price was about the same.

1c/share in 6-12 months. What's the SP atm ??? well lets just say a PE of 3 arises from this equation ..... nice when the market readily accpets a PE of 10.

The chart. Its been decending for a LONG time. Too long. RSI is trending up. MACD is negative, but ready to tick up any moment. Volume by price over the last 24 months shows considerably greater volume above current SP.

All in all, risk vs reward has arguably never been better especially when considering timeframe (medium term).

Now I'm happy again with my overall holdings I'm going to sit and wait.

GC