STX 5.26% 18.0¢ strike energy limited

Ann: Appendix 3Y - John Poynton, page-21

  1. 988 Posts.
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    "I thought it was just a case of averaging down!!!" gridder


    Yes you could call it "averaging down".

    If you bought more shares at 10 cents after it fell from 15c then that could be viewed as averaging down.

    Then you bought more at 7cents after it fell from 10 cents that could also be viewed as averaging down.

    And now the SP is at 5.7 cents please don't let my posts influence you from averaging down again.
 
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