As someone in similar situation, but who has bought this thing at 3.2c, then saw it go up to 6.2c and held to see it go back to 3.2c... I can tell you my plan this time is selling at least my initial investment before the next announcement, and buying the same initial investment again when it very likely goes back down to 4 cents.
I've been playing with the share market for over a year now and to me waiting for CGT tax breaks or for it to go up more without retracing has not worked. Especially in micro-cap stocks that can so easily be hammered for no real reason, just because market lost interest for a while.
Good luck!
88E - Family to hold for a year or till drill?, page-5
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $6.857K | 3.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 289 | 346631721 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 573714669 | 217 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| 88E (ASX) Chart |