Unless there is some further extremely bad news and it would need to be worse than what's anticipated, I can see the SP recovering in the long long term. Short term it is tea leaves stuff but if the chartist are right it could be $2? I was certain to buy more at $3.
I'll wait for their further news due next week and see who's been selling. Probably a big short favourite now?
I'm no expert but if the fundamentals are good, the balance sheet ok and management get cracking then it shouldn't be too uch worse one would think?? Feeling further surprises coming though unfortunately.
Best indicator will be if Anton from Investors mutual starts selling, holds or buys. He isn't interested in the short term SP but always there to invest long term. Watch his movements in PGH. Fingers crossed hold or take the loss and get out. I'll hold and wear whatever happens.
pgh chart, page-70
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Last
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $292.6M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 78.5¢ | $16.99K | 21.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7324 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 6606 | 1 |
View Market Depth
| Last trade - 15.59pm 25/11/2024 (20 minute delay) ? |
| PGH (ASX) Chart |
