RW13 not that i think KAI is going to tank, as I am about to buy in some more hoping for some early drilling announcements, however you do have to be careful with averaging down.
the benefit is if you bought say 50,000 shares at 10c and now buy another 50,000 at 5c it only need to get to 7.5c to break even (not including brockage fees)
however it can bite you. I bought into a stock mirrabella mining years ago price started dropping so averaged down, kept dropping averaged down again then it went into administration. $7k+ down the drain.
Ann: Investor Presentation - RRS Stars Conference December 2017, page-15
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.30M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $5.787K | 578.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 650281 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 6219833 | 15 |
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| Last trade - 10.08am 09/09/2024 (20 minute delay) ? |
| KAI (ASX) Chart |