How about just hold them now and wait for the $5.00
I too was like you after years of constant trading making scraps and spending thousands on brokerage fees felt like giving it up, totally changed my strategy now and just hold onto a share which has potential and in a rising market.
I bought up big around $1.00 and will just wait now, broking houses are having a field day making millions from us with the constant trading.
I do understand with the tax write off period coming up we could go back to 88 cents or even lower but I will see that as an opportunity to increase my holdings again.
IMHO CHN has the potential and the resource in the ground which is growing in value every day, not even taking inflation into account most resources just like a bag of cement, houses, fuel, land costs have or will double in price in the next few years.
IMO CHN true value should be around $10.00
How about just hold them now and wait for the $5.00I too was...
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 (20min delay)
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Last
$1.68 |
Change
-0.035(2.04%) |
Mkt cap ! $653.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.70 | $1.64 | $5.112M | 3.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5970 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 29210 | 3 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.68 |
Change
-0.035 ( 1.76 %) |
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| Open | High | Low | Volume | ||
| $1.66 | $1.70 | $1.64 | 484453 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| CHN (ASX) Chart |