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  1. #5011
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    i would think 55 to 60 cents would be back up very quickly..even if labour brings back some form of wider tax reforms..in this economy this sector is surely a long term winner..

  2. #5012
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    Quote Originally Posted by Waltzingironmansinlgescul View Post
    i would think 55 to 60 cents would be back up very quickly..even if labour brings back some form of wider tax reforms..in this economy this sector is surely a long term winner..

    I would think that Robertson would want to be seen to be very nimble on any Tax Reforms in Election Year - so as to not risk turning the current total shambles into a Black Economy basket case .. unless Labor want to suffer the consequences..

  3. #5013
    Legend peat's Avatar
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    Quote Originally Posted by Beagle View Post
    Every company in the retirement sector will be materially affected by Covid 19 including ARV.

    They were affected by a law change , nothing else. Repeat after me!
    For clarity, nothing I say is advice....

  4. #5014
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by peat View Post
    They were affected by a law change , nothing else. Repeat after me!
    LOL - Law change, law change...Maybe you could train a cockatiel to parrot that
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #5015
    Advanced Member Entrep's Avatar
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    Craigs has a new TP of 87c on OCA

  6. #5016
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    Quote Originally Posted by Entrep View Post
    Craigs has a new TP of 87c on OCA
    Interesting, forgot to mention earlier that on 15th April, Forsyth had a target of $1.08.

  7. #5017
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    Quote Originally Posted by trader_jackson View Post
    Interesting, forgot to mention earlier that on 15th April, Forsyth had a target of $1.08.
    More debt & slower sales = 1) possible slow down in development 2) reducing dividend 3) equity raising

  8. #5018
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    Quote Originally Posted by Cyclical View Post
    Someone's been selling up large here. A buy depth of 300k+ @80c has disappeared in the space of an hour.
    The downward pressure continues on this one. Someone is selling larger parcels as soon as there is a reasonable amount of support. About 200k of shares dropped in there in the last 5 minutes and it's been like that for the last week or so.

  9. #5019
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    I'm heavily invested in this one and have been for about 18 months - was lucky enough to grab at .40 (but that only balances out the north of .95 purchases).

    All things considered I am still undecided if the moves down represent another solid buy opportunity or I am missing an impending activity which speaks to the perpetual selling happening recently.

    Recent director purchases point in one direction - 'he hopes'

  10. #5020
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    Quote Originally Posted by Chinesekiwi View Post
    All things considered I am still undecided if the moves down represent another solid buy opportunity or I am missing an impending activity which speaks to the perpetual selling happening recently.
    That's the $64k question isn't it. If all that support at 75c gets wiped out, I might have to stop averaging down for a bit until we know what's going on.

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