Those worried about the share price. Take this into consideration. Selling for the most part will incur capital gains on any profits. Do you think the share price is going to drop another 20% from this current price today? Will you take a further hit 25% or whatever tax bracket you are in hit for tax. If you get out now?
Or is it better to hold your position and dollar cost average for the interim. Decisions, decisions....
A quote from Warren Buffet below:
The Market Can Price Things Wrong
“Price is what you pay. Value is what you get.”Don’t focus on short-term swings in price. Focus on the underlying value of your investment.
Remember this is a mid to long term play.
Good luck to all depending on what your investment decisions are.
Ann: Change in substantial holding, page-43
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Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.7¢ | 8.6¢ | $291.0K | 3.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1252863 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 230385 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RNU (ASX) Chart |