Temata your analysis is correct. Even prior to the result and when VSL was strongly trending the company said that there is nothing much in store for 2005. Whatever there is was expected in 2006. I positioned myself early because market always prices for growth well in advance.
A few people got shaken out with todays report and pushed passed 1.18 with a lot of automatic stops getting hit.
Towards the end there was enough buying from somewhere to push to 1.20.
This may drop further in the short term but this is not a trading stock. It is a buy and forget for 6 months.
Temata your analysis is correct. Even prior to the result and...
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Last
$6.69 |
Change
-0.120(1.76%) |
Mkt cap ! $879.1M | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.86 | $6.64 | $1.046M | 156.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2961 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 673 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| VSL (ASX) Chart |