Literally me also, except average .016 - I buy at every paycheck.
So guys this feels like a pissing contest though.
The concept makes no sense.
I could have made a single 500 dollar buy at 1 cent and hold a lower average, but the guy who bought 20k between 1 cent and 1.5 cents has made buckets more.
Buy big into fundamentally advantaged, growing companies.
I think its that simple.
Also just a reminder, Realinvestor1 did a great excel analysis of potential sharemarket prices per indicted production amounts, back in May. Worth scrolling back for a squiz.
MGT share price, page-7140
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Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $30.02M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 29.0¢ | $33.48K | 113.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 5292 | 2 |
View Market Depth
| Last trade - 15.35pm 19/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |