The long term holders apparently don’t realise that their returns are reducing the longer they hold. The falling share price adds to the negative returns. Under these conditions there is no reason to use the defence when questioned about anything, ‘ That we are holding for the long term.’ This remains a trading stock until such time profits are earned in line with their projections. Where are their projections? Where are their profits? Reasonable questions.
Alhambra.
Trading update Q3 FY23, page-94
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Last
$2.59 |
Change
-0.060(2.26%) |
Mkt cap ! $1.788B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.68 | $2.58 | $5.065M | 1.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 42339 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 10000 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |