Currently sat on OSH and becoming impatient - the answer is don't be stupid!
When you think this company is in its best position ever and near all time lows - look at Orica - 2 years ago it was around $4.50 and now near $11 - nearly 3 fold increase.
If OSH manages to increase production, the dollar steadies and maintain costs while exploring other avenues then surely this company could easily reach $2 within a matter of a year or two - very simply buy in doom and glom and hold companies until they boom -te only problem is opportunity cost - there are some great stocks out there currently.
Funds managers like Investors Mutual killing the main stream index followers - the banks are struggling to get double digit growth and are pretty much fully priced - you would only buy them for an income play or trade them between the respective ranges.
Cheers
Mike Salad
take time in the market and other companies!
Add OSH (ASX) to my watchlist
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Last
$6.15 |
Change
-0.200(3.15%) |
Mkt cap ! $9.377B | |||
| Open | High | Low | Value | Volume |
| $6.26 | $6.27 | $6.11 | $31.05M | 5.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 24227 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.16 | 26654 | 2 |
View Market Depth
| Last trade - 16.10pm 24/02/2020 (20 minute delay) ? |
 (live)
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Last
$6.13 |
Change
-0.200 ( 3.68 %) |
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| Open | High | Low | Volume | ||
| $6.27 | $6.27 | $6.11 | 1036479 | ||
| Last updated 15.59pm 24/02/2020 (live) ? | |||||
| OSH (ASX) Chart |