When did you first acquire this stock? If it is post 2019, it is not possible to hold it for 10 years. It will become insolvent within another 2-3 years.
hence why I literally held it for less than 10 minutes when I accidentally purchased $10k worth when it was around $20 per share. The moment I got the message that the purchase went through, I was like “f***! I forgot I left the buy oder open nearly a month ago at that price!”. That was before I completed my due diligence into the company’s highly dubious future. I instantly logged on to my broker and sold immediately - just happened to make a $100 profit (on top of brokerage) just from the intraday fluctuation.
I’ll take a 1% gain any day over a 97% loss. You are right about Warren Buffet’s wisdom. This stock wasn’t worth holding 10 minutes.
Ann: Appen update on Quadrant earn out and debt facility, page-60
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Last
46.5¢ |
Change
-0.010(2.11%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $467.5K | 997.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 282250 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 5000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |