I can understand why people would want to exit this stock. I scaled in back in August 2011 with an avg entry of 3.8c so I am under water as well.
IMO if you wanted to exit, do so strategically. The announcement is not really that surprising, given previous market announcements (or lack thereof) so panicking and dumping all of your holdings at once is not rational.
I personally am not selling just yet, but if I were, I would scale out - the same way I scaled in. If you are worried about SP dipping into the low 2's or lower that's fine, but you never know whether support holds or breaks. 2.8c and 2.7c are crucial IMO. You may wish to reduce your exposure but I wouldn't eliminate it.
Be smart about the way you execute your strategy.
ALL IMO.
- Forums
- ASX - By Stock
- ZMM
- quarterly reports are out
quarterly reports are out, page-30
-
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZMM (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.773M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 615332 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 13241 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 615332 | 0.009 |
2 | 412500 | 0.008 |
1 | 500000 | 0.006 |
1 | 100000 | 0.005 |
1 | 125000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 8242 | 1 |
0.016 | 333333 | 1 |
0.032 | 617 | 1 |
0.045 | 200000 | 1 |
0.090 | 69898 | 1 |
Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
ZMM (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online