@madukp wrote:@learningthemarket wrote:What is this recommendation based on
I can give you some points
Let's keep cash dividend and script div aside for a while,
VONE technically coming to first support level 55.
let's go with a worst case scenario
There is a high chance it will go down further to 52, even break down to '40s if the market going to crash in the next couple of days.
The deeper the crash sooner the recovery of VONE.
VONE - fair trading price with the current circumstance with around 70's.
VONE aligned with butterfly pattern, The next peak of VONE could break 70 easily and go words 80's again.
Now with dividends, the share is more attractive. one who collects at these levels can get easy returns when players have entered the game.
Hope I helped your concerns. Anyway, it's my thoughts. Please do buy or sell with your own decisions.
Thanks, just need to wait patiently till selling over. Holding power is the key now.