I decided to start buying westpac when it reached $19. Even then it was a small parcel. Since then I have continued buying small parcels everytime the price drops by a large %.
$19, $16.50 & $14.70 have been the buys to date.
I guess if you hold a long term view (5years+) these prices will prove to be gift from above.
I will keep buying so long as it keeps dropping.
Looks like today/tomorrow will provide another opportunity with $13's looking possible.
If you owned 12months ago then the pressure to keep buying is strong, but then again the same is true for any ASX200 company you have shares in. Dilution is affecting pretty much everyone of them. I run the same system with those as well - have a big drop, buy a little more. What else can you do
what in the hell is happening, page-9
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$27.90 |
Change
0.270(0.98%) |
Mkt cap ! $96.71B | |||
| Open | High | Low | Value | Volume |
| $27.75 | $27.99 | $27.72 | $120.4M | 4.318M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5892 | $27.90 |
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| Price($) | Vol. | No. |
|---|---|---|
| $27.92 | 21812 | 7 |
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