Ann: Capital Raising, page-75

I agree, but your advice is like shutting the door after the horse has bolted. I guess that’s why ETFs are so popular and gaining in popularity. It’s a condemnation of the lack of management quality of some Australian companies.. That is a significant and life changing loss…. I hope that the remainder of the portfolio is more varied and balanced. But after having learnt only fairly recently (to my chagrin) after buying shares outside the top 200, one should ALWAYS ( at the same time of the original purchase) put in a stop loss sell (ie sell the ABC share that you just bought) IF it falls (say) 20% from the purchase price. It costs nothing to put in the order….. oh, and never average down. Lessons learnt from practical experience…….and losses….. !