Hey guys
Seriously thinking about dumping my holding. I have been in it for more than 12 months so i do get 50% CGT discount but my broker called today and outlined a few points.
1. He is of the belief that this stock is being spruiked by a small number of brokers who are telling there clients not to sell. Eventually it will hit a tipping point i.e when production is announced and could take a hammering.
2. They dont have much gold at all in Indo compared to their peers.
The only value i can see in this stock now is exploration upside and i believe they are now fully valued.
I hope i am entirely wrong and she does keep chugging northwards. Intersted to here what u guys have to say.
Cheers in advance
Fursty
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Mkt cap ! $26.37M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 320000 | 3.2¢ |
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Price($) | Vol. | No. |
---|---|---|
3.3¢ | 151333 | 1 |
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No. | Vol. | Price($) |
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2 | 172188 | 0.050 |
2 | 577777 | 0.045 |
1 | 50000 | 0.044 |
1 | 100000 | 0.041 |
1 | 625000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 58535 | 1 |
0.052 | 55000 | 1 |
0.054 | 305000 | 2 |
0.055 | 220000 | 2 |
0.058 | 85800 | 1 |
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