price actionLast qtr I guessed that the price would fall pretty dramatically after the ex-dividend date and earnings report.
Price spiked to C$2.20 but faded to 1.53 in early October. Unfortunately it didn't say over C$2 long enough for me to sell. I did add a few in the 1.60 range.
This time around, we didn't get a big spike but a more gradual and hopefully sustainable level around the C$2+ mark.
We should continue this stairstepping higher as Automodular creates more credibility with each profitable qtr.
Also this time around the dividend is much less so there should be less of a tendency to sell immediately after receiving the dividend. .10 is still a nice dividend but not so extraordinary like the last few.
Volume not huge but decent number of buyers wanting shares. I have a sub C$2 bid in case there are ex dividend sellers this time.