Sometimes it pays to measure your speculation strategies in days and weeks. Argentina is not a stable jurisdiction. They have a history of populism and populist reactions to (their numerous) financial crises.
https://www.bloomberg.com/news/arti...-again-for-emerging-markets-after-august-pain
In the months and years, I see a different risk/reward to the one I saw yesterday. I still hold GLN shares for the months and years, just not as many as before.
It's all IMO. Sorry that it appears I have turned on a dime, but I believe you make money by turning on a dime when the facts change.
General Discussion Banter GLN, page-106
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $68.54M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $197.6K | 1.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 92994 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 269000 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |