Indeed, that was partly my point where people with averages under $1 are still quite positive as there's plenty of runway for them, $3 plus holders are hurting and nervous.
I'm committed to bottom drawer these shares, as you say you take an educated bet as it's ultimately speculative and I believe in my DD and investment thesis, as much as one can given the information available.
I suppose the question then is, apart from forgetting these shares exist for 2+ years and seeing what happens, do you find what we money you can to average down now if we were purchasing at $3 plus and / or do you consider the opportunity cost of funds held losing value when they could be traded in / out of other markets.
I want to keep averaging down but honestly, seeing each purchase take me further into negative territory has pushed me to the side lines and I think a lot of other investors too which may explain the low volume.
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Last
$1.69 |
Change
-0.015(0.88%) |
Mkt cap ! $282.9M |
Open | High | Low | Value | Volume |
$1.69 | $1.69 | $1.66 | $64.22K | 38.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 397 | $1.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 4430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 397 | 1.670 |
1 | 5074 | 1.655 |
5 | 44533 | 1.650 |
3 | 9200 | 1.640 |
1 | 6000 | 1.630 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 300 | 1 |
1.685 | 3558 | 1 |
1.690 | 3000 | 1 |
1.700 | 4967 | 4 |
1.720 | 1000 | 1 |
Last trade - 12.11pm 18/09/2024 (20 minute delay) ? |
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RAC (ASX) Chart |