Another factor I forgot to mention is that the reason for the cost increase was to market that new product.
I think there are lots of traders who have dumped this stock.
Take a long term view with this. The advantage in getting in now is 2 fold. When it rises to say 1.50 you can pyaramid and the current potential of the stock (which has not changed as a result of the result) is still in tact so there is flow or base for the stock.
Another factor I forgot to mention is that the reason for the...
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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 |