Hi Mr. Nomadic,
Each to their own but I like to average up in companies who I believe is trending up. Sure your average buy increases but you'd usually have a buffer in case it drops down so you're still in profit. Basically you're increasing your holding whilst using your original parcel's gain as security for a potential shareprice depreciation
Every one is different though, I know a lot of people believe in averaging down in companies trending down but this is not something that I would do.
Cheers,
Big finish ..., page-14
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $34.32M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.5¢ | 18.0¢ | $9.062K | 48.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104632 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 3 | 1 |
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| Last trade - 14.37pm 12/09/2024 (20 minute delay) ? |
| CYP (ASX) Chart |