nothing at the spec end of town is a certain bet, that’s why it’s speculative! If you’ve bought you’ve already made mentally made the risk/reward call, either consciously or not. It’s of course more comfortable being in the green knowing you could pull your money out at a profit at any time, but my approach is to trust my research. Does my investment thesis still hold? Yes. Do I trust management? Yes. Is the product on the right path? Yes. Then I’m holding or adding to my position. Time horizon is obviously the biggie. Anyone saying 2 years is obviously just throwing out a number, but I’m always more confident in an outcome than the time it will take to reach it. Final thought, insiders are heavily invested here, and thought it was cheap at $3.24. My approach is to ride out this cycle and build on my position while the price is suppressed, but everyone needs to have their own investment goals in mind!
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Last
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $289.7M |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.66 | $85.03K | 50.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 4979 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | 1.660 |
1 | 20000 | 1.650 |
2 | 7700 | 1.640 |
1 | 6000 | 1.630 |
2 | 4461 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 4979 | 4 |
1.720 | 1000 | 1 |
1.730 | 4899 | 2 |
1.750 | 2340 | 3 |
1.775 | 1328 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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RAC (ASX) Chart |