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  1. #841
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    Too small to fail.

  2. #842
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    Price 1.5 volume 1 million? ? ? ? ?

  3. #843
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Nor View Post
    Price 1.5 volume 1 million? ? ? ? ?
    On a roll eh Nor

    Hope you making zillions

    Might even get to to 2 bucks next week seeing some are really keen on buying
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #844
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    Quote Originally Posted by winner69 View Post
    On a roll eh Nor

    Hope you making zillions

    Might even get to to 2 bucks next week seeing some are really keen on buying
    No coming back to even. A recent buy as everything thing else was too expensive. Along with one other I am too embarrassed to name.

  5. #845
    Legend
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    I hate to imagine how much of a SP push up would occur if Snoops comes out with a less cautious
    analysis of the underlying AWF Woodwork ..
    Last edited by nztx; 09-09-2020 at 05:51 PM.

  6. #846
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    Quote Originally Posted by Nor View Post
    No coming back to even. A recent buy as everything thing else was too expensive. Along with one other I am too embarrassed to name.

    Averaging down on further lower priced buys can be useful..

    I had a number of horrendously expensive buys pre covid coming through this side

    A combination of averaging down & SP recoveries has seen almost all back into positive territory
    even the most dreadful

    BGR was one of these & I almost didn't move to average down -- fortunately, a bit of work along the
    way on average priice & it's now back to paying dividends..
    Last edited by nztx; 09-09-2020 at 05:52 PM.

  7. #847
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    Quote Originally Posted by nztx View Post
    Averaging down on further lower priced buys can be useful..

    I had a number of horrendously expensive buys pre covid coming through this side

    A combination of averaging down & SP recoveries has seen almost all back into positive territory
    even the most dreadful

    BGR was one of these & I almost didn't move to average down -- fortunately, a bit of work along the
    way on average priice & it's now back to paying dividends..
    Sometimes they keep on going down. Nowadays I'm happier to average down if I've been in a while and developed confidence in the company. This can lead to averaging at the best price.

  8. #848
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    Quote Originally Posted by Nor View Post
    Price 1.5 volume 1 million? ? ? ? ?
    Probably the biggest daily volume this stock has had ever?

  9. #849
    On the doghouse
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    Quote Originally Posted by Nor View Post
    Price 1.5 volume 1 million? ? ? ? ?
    According the AR2020 top twenty shareholder list in the annual report, there are only three entities that could sell 1m (actually 998,145 shares) in one hit.

    1/ The family trust associated with company founder Simon Hull.
    2/ The company associated with rich lister Peter Masfen.
    3/ The partnership between two Christchurch businessmen, Russelll John Field and Anthony James Palmer

    The first two are substantial holders so the stock exchange will have to be informed. But if no substantial shareholder notice is forthcoming. then the seller must be 3/ No point to speculate. We might as well just wait!

    SNOOPY
    Last edited by Snoopy; 09-09-2020 at 10:55 PM.
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  10. #850
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    What is surprising is the price they managed exit at.

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