About 20% of companies on the ASX lost 50% or more in 2015.
It's only matter of time before we all get one wrong, being in denial about it on the internet is the stupidest strategy (it doesn't change anything, and you could have either made a wage or learnt 1000 other things during that time).
In many ways the debate about STO itself is irrelevent, as it's only a matter of time before we all pick the next STO that drops 80%. Same thing is happening over at SGH and TON and BHP.
Being right once this time is probably one of the least important things in the long term, much less important than having a strategy to deal with the next company you buy that is in this situation.
Can STO survive, page-446
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Last
$7.57 |
Change
0.065(0.87%) |
Mkt cap ! $24.39B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.59 | $7.47 | $15.51M | 2.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 17033 | $7.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.57 | 40266 | 26 |
View Market Depth
| Last trade - 12.53pm 06/06/2024 (20 minute delay) ? |
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Last
$7.55 |
Change
0.065 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $7.50 | $7.58 | $7.47 | 1410859 | ||
| Last updated 13.13pm 06/06/2024 ? | |||||
| STO (ASX) Chart |