APX 10.8% $2.87 appen limited

APX Bottomed out at $12., page-182

  1. 68 Posts.
    lightbulb Created with Sketch. 12
    I've had success with averaging down for TRS, NEA, CL1, BBN

    Also had failures with averaging down for UBN (still down 75% after 5 years), TLS and so far BVS

    You'd need a bit of luck and faith in the management/future of the companies when averaging down. If you no longer believe in the company and its management and you're only doing it just to bring down your cost base I don't think it's a good idea
 
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