kittyboomboom,
I also jumped in too early and kept averaging down, but only to a point when I started to feel too nervous to continue.
My holding is still in the red, but the last 2 days has helped enormously.
I don't mind averaging down, but sometimes it doesn't come off, ie Dick Smith, not that I bought any of those.
The next 12 months should see ORL make up a lot of lost ground if they can keep the momentum going. Which I am quite confident will be the case, otherwise they would have made comment as such in the first half results.
I sold out of TRS a bit too early, so I won't be making the same mistake here.
Given the limited number of shares on issue, I believe it will be a takeover target. A great Australian brand with an international presence.
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