I have been in and out of MSB a few times over the past 5 years and lost each time as the price kept dropping.
Before the TH, I had averaged down my most recent holdings to $1.95 as there was a dip in the MSB price between Dec and Feb this year to about $1.20.
The price rose again, then dipped after the TH to a low of $1.01
I averaged down heavily around that time and most shares were bought at around $1.10 to $1.15
I got to 8x my pre TH holdings and as mentioned earlier sold more than half of my holdings at a loss to offset CGT.
I have calculated that with the capital gain offsets, my break-even point is about $1.25 including losses incurred over the past 5 years.
I now hold 3x my pre TH shares and when they get to above $1.25 I am back in the green based on calculations and past losses.
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$1.21 |
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Mkt cap ! $1.381B |
Open | High | Low | Value | Volume |
$1.17 | $1.22 | $1.17 | $5.683M | 4.776M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 19746 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.205 |
2 | 55500 | 1.200 |
3 | 60292 | 1.195 |
1 | 33180 | 1.190 |
3 | 67965 | 1.185 |
Price($) | Vol. | No. |
---|---|---|
1.210 | 19746 | 3 |
1.215 | 45236 | 7 |
1.220 | 190559 | 15 |
1.225 | 70181 | 4 |
1.230 | 169274 | 5 |
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