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Online Share Trading

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Expecting a BIG bounce off these oversold levels

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kwagga
Super Contributor
First target 450c, second 565c. It's been a while since I've seen a share trading at this type of discount.
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4 REPLIES 4
topgun
Super Contributor
The business update on the 15th was the cue to go long...
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kwagga
Super Contributor
Yes, can the fact that asset managers and management have started buying shares @ these prices.
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Not applicable
It might be value based on NAV, but you would need to see an increase in topline to justify a rerating. And you need this stock to rerate in order to get it to bounce. Trade for sure, but this wouldn't fit my criteria for investment.
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kwagga
Super Contributor
Long term no. Short term yes, and 450c target is short term. 565c medium term at most.
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