Hi Davo
Not sure why I am responding to you . . . I am sure your hatred of stupidity was just a general comment and not aimed at people using "stop losses" . . . everyone has the capacity to learn something every day.
A stop loss for me with has been a parcel at 5.1c when I bought those at 7.6c (with these my average for FML was around 3.9c and I was not prepared to let that parcel fall away).
The bulk of my holding was bought in 2008/2009 and the average for that was 2.5c and I have a lot of those.
The parcel sold at 5.1c has been used to buy in at 3.3c. So, with FML I am holding quite comfortably at this stage.
The stop loss I should have used back in 2008 was for OZL and PNA, CBA and AMP . . . unfortunately I was "in love" with my shares and paid the penalty.
A stop loss for those that bought in at 7.6c should be what you are comfortable carrying, I was comfortable with that parcel until 5.1c.
I have a buy at 3c in the queue as well as I feel positive the deal will be good for FML holders.
Thank you for your informative post though Davo.
I still know nothing but enjoy learning from the wealth of knowledge that is being posted on this thread, Jahar
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.3¢ | $22.49K | 166.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 27678 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.135 |
1 | 20170 | 0.130 |
1 | 33474 | 0.120 |
1 | 40000 | 0.115 |
1 | 10000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 27678 | 2 |
0.145 | 16700 | 3 |
0.150 | 54554 | 2 |
0.160 | 11109 | 2 |
0.165 | 34919 | 2 |
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