This is true eg CER fell from $2 to 0.10 then continued to fall to 0.023 cents. Then it went back to $2.00
So there is the chance to make the best returns the market offers or lose >90% or more including 100%.
So finding a legitimate recovery situation is the key - not just a fond hope.
One of the few situations where charting may help with an entry once you are confident of recovery. People stay fearful for quite some time after recovery is likely but the fear levels off unless there is no hope for recovery. At 2.3c CER had an NTA of 44c from memory so it was a clear recovery possibility.
Up to you guys about TTT.
TTT media, page-1109
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 (20min delay)
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Last
18.5¢ |
Change
0.020(12.1%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.5¢ | 14.8¢ | $2.390M | 15.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8651 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 457540 | 6 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |