Can sympathise... I first bought in when IPH was closer to $7, a bit past the peak of circa $9. At the time I thought $7 might be close to the bottom - how wrong I was!
Nonetheless, to move the dividend closer to a reasonable yield, I have been averaging down in steady, modest parcels over time and as a result I now have my head just above water with the SP. In fact, wish I'd bought more while the SP was closer to $3 but happy with what I did pick up.
Who knows, I might be eating my words if the SP craters again!
IPH Price at posting:
$5.00 Sentiment: Hold Disclosure: Held
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