I dollar cost averaged into this wonderful company, overall buy price being $4.98. Must admit, I enjoyed the run up. But found that since I left my "day trading" ways & held onto great companies with great fundamentals for the long term, that I am rewarded handsomely by the gain in share price. Agree that the sell of just provides yet another opp to pickup some more at a better price. I have worked out the Intrinsic Value of MCE using 2011 financials to be $7.70.
So i'm in agreement with all who are urging on the Sellers. Please, pretty please, do sell more MCE so I can pickup more at a much better price. Share price will catch up with value in the end. I'm holding & topping up. I'm a firm believer in holding some funds on the sidelines for moments of Market Insanity, so one can capitalise. Will this turn out to be one such moment, time will tell.
Merry Xmas & a Very Happy & Profitable New Year to all,
Pandelis
I dollar cost averaged into this wonderful company, overall buy...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $55.45K | 242.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113179 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28075 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
