I agree - this is a screaming buy for a long term hold, and has been sold down with resources I suspect - will gradually start accumulating on dips like this one. Bought at close, and will buy more if it gaps down tomorrow. Then will keep my cash for sub $2, or in the event of a crap raise. By my sums if historic returns are a guide to the future - this will provide a 21% pa IRR over the next decade.
Funny - shorted this today in my trading account on that ann, then longed in my super fund at the close. That is a first for me.
Goodluck everybody
Long term accumulate IMO. Short term - good for trading either direction.
Shorts Covering, page-4
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Last
26.5¢ |
Change
0.015(6.00%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 29.0¢ | 23.5¢ | $28.94K | 116.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23079 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 5500 | 1 |
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| Last trade - 11.52am 04/12/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
