It is easy to see great investments in hindsight. I am not sure when you got your MND but I certainly remember getting mine. I accumulated my position at about $6.50 and saw it drop over the next 3 months to a trough of about $5.50. At the time even seasoned investors were talking about the further contraction of the sector and there were very few people seeing any green shoots of a recovery. It certainly wasn't a sleep-easy investment at the time although it seems a no-brainer right now. This on the other hand requires about 30 minutes of your time to see the investment case and certainly doesn't require a second thought for the next 6 months or so- so yes I think in terms of low nature of risk and relative ease of identification of the investment case a better opportunity (in my opinion, and obviously better the lower the price).
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- Ann: Appendix 4E and 30 June 2017 Annual Report
Ann: Appendix 4E and 30 June 2017 Annual Report, page-19
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52.0¢ |
Change
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Mkt cap ! $27.00M |
Open | High | Low | Value | Volume |
49.5¢ | 52.0¢ | 49.5¢ | $14.77K | 28.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14620 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 53053 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 439 | 0.915 |
1 | 7582 | 0.910 |
1 | 5524 | 0.905 |
2 | 20484 | 0.900 |
1 | 1149 | 0.870 |
Price($) | Vol. | No. |
---|---|---|
0.945 | 557 | 1 |
0.950 | 12474 | 2 |
0.960 | 53883 | 2 |
0.970 | 20668 | 1 |
0.980 | 27357 | 2 |
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