I think the downside here is ~30c with an upside of $2.
I also think its susceptible to a takeover offer.
I just don't like the way the pros/bots are all over it.
Im not hanging around to find out either. I was short at $2.77 and then long at $2.20. Had a light bulb moment last night and took my medicine today. Hopefully the market puts in a double bottom. I think Wall St pressures Benjamin Shalom Bernanke next week to run the printing presses from Jackson Hole. Could be some more pain to come before Aug28.
The whole current economic system is busted anyway. These Keynesians have lost control. Stagflation is baked into the cake.
Good luck. We'll all need it.
what's going on?, page-13
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Last
$12.86 |
Change
-0.570(4.24%) |
Mkt cap ! $3.844B | |||
| Open | High | Low | Value | Volume |
| $13.18 | $13.20 | $12.82 | $30.42M | 2.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8370 | $12.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.87 | 9155 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |