Wait until the broker's customers all load up, then some broker firms might be prepared to add it to their tip sheets again with what they regard to be a fairly inflated price ..
Printable View
Wow, some lucky punters would have doubled their money in little over 2 weeks.
Does anyone think this is going to be as affected as it was in Feb/Mar, when everything crashed, if the market as a whole takes another dip in the coming months?
I doubt we'll see south of 60c again. At that stage it was sell everything panic, plus there was the fear that C19 might cause a whole lot of pain should it get into the villages...I think the market has come to terms with that now and it's priced in to an extent.
Please don't ever say ever, as I was one of the ones who topped up a little at those prices and will continue to top up at those levels if they came back again........ The average I picked up would be somewhat below 60 cents. I brought my average down somewhat. Still in the red for now, but not far to go.
I see the price is back to IPO level.
Attachment 11242