Hi Mr. Nomadic,
Each to their own but I like to average up in companies who I believe is trending up. Sure your average buy increases but you'd usually have a buffer in case it drops down so you're still in profit. Basically you're increasing your holding whilst using your original parcel's gain as security for a potential shareprice depreciation
Every one is different though, I know a lot of people believe in averaging down in companies trending down but this is not something that I would do.
Cheers,
Big finish ..., page-14
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $42.45M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.5¢ | $9.79K | 41.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3942 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 35000 | 1 |
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| Last trade - 14.18pm 14/10/2024 (20 minute delay) ? |
| CYP (ASX) Chart |