I agree and disagree.
Yes, fundamentals have not changed- very important.
But no, there is never a risk in taking profits, your banking profits- the name of the game. And it would have allowed you to add another 15% to your holding should you buy back at 1.9c.
Once the indicators turned, it was just a matter of how many pips it was going to fall.
It’s great that we can buy more ( if you chose) at a far lower price but we also need to push the sell button and look after our capital. It’s shorting your own stock.
MM, you were right on to this last week, but failed ( me too) to capitalise on what was going on. Let’s lift our games. It’s going to happen many times again.
This may all seem insignificant if the SP ever goes to 20c but we need to live in the “now” not the maybe.
Cheers
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Last
4.9¢ |
Change
0.001(2.08%) |
Mkt cap ! $364.4M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.8¢ | $179.8K | 3.692M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 8124186 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 3070575 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 7804777 | 0.048 |
47 | 5437350 | 0.047 |
38 | 3197542 | 0.046 |
58 | 3766545 | 0.045 |
11 | 1019564 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 2050167 | 7 |
0.050 | 5223480 | 23 |
0.051 | 4434080 | 10 |
0.052 | 2536519 | 9 |
0.053 | 1966973 | 9 |
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