Thanks @dontfollowme. I agree with everything here, but in particular I wanted to reiterate that the there is nothing wrong with averaging up.
My mate’s old man (RIP) was a board member of a prominent broker house and I remember his take on this:
‘Averaging down killed more people than the plague’.
Buy and buy again if the fundamentals say you should. Yes, scoop up some more when the price is driven down, but if you think MSB could be a $50 stock in five years...........then $5.20, $6.00, $10.00......well these are bargains. I’m accumulating as I can.
No advice is intended.
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Last
$1.03 |
Change
0.080(8.42%) |
Mkt cap ! $1.176B |
Open | High | Low | Value | Volume |
95.5¢ | $1.03 | 95.0¢ | $43.38M | 42.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 72752 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.03 | 205100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.005 |
5 | 57985 | 1.000 |
1 | 50000 | 0.995 |
2 | 20525 | 0.990 |
1 | 10000 | 0.985 |
Price($) | Vol. | No. |
---|---|---|
1.035 | 190122 | 7 |
1.045 | 39714 | 5 |
1.050 | 21696 | 6 |
1.060 | 9750 | 2 |
1.065 | 5780 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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