I'm with Leeman on this. My initial buy in was about 1.20 give or take. Then I bought a stack at 85cents. Then I bought double my whole holding at 51cents. For me that was my strategy. I don't buy the same amount as in averaging down or up. I just decide what I'm willing to risk at the time. But sure you could average down close to the current price I did.
average down - lyc, can it work?, page-57
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |