SLR 0.00% $1.57 silver lake resources limited

fantastic market reaction, page-88

  1. 960 Posts.
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    Have to compare them in the same market. Averaging down, you stop buying as the shareprice begins to rise.(average price per share is $1.09)...Averaging up..wouldn't you just by the 20,000 @50cents and leave it at that. No need to buy more as the SP rises...Scenario 1 ..36,500 shares @ $4 =$146,000 Scenario 2..20,000 shares@50 cents= $10,000. All depends on how many you are happy with. With Scenario 1..anything above $1.09 is profit. Scenario 2 ..if you intend to purchase the whole 36,500 shares anything above $1.09 can show a loss if there is any retreat in the SP. Is a good workout for the brain....Tim.
 
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Currently unlisted public company.

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