Yes it is true spreading your money over a number of companies gets you nowhere fast, but it avoids you driving over the cliff. All it takes is one mistake and you are wiped out.
I have a return (alpha) that I want to hit with the minimum of risk. I have made plenty of mistakes along the way, but because I have limited my maximum exposure in any one company I haven't been wiped out either.
If investing was easy we would all be billionaires.
ADN CHART, page-94
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $23.75M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $18.69K | 2.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 22149226 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 9296836 | 24 |
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| Last trade - 14.54pm 20/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |