Yes it is true spreading your money over a number of companies gets you nowhere fast, but it avoids you driving over the cliff. All it takes is one mistake and you are wiped out.
I have a return (alpha) that I want to hit with the minimum of risk. I have made plenty of mistakes along the way, but because I have limited my maximum exposure in any one company I haven't been wiped out either.
If investing was easy we would all be billionaires.
ADN CHART, page-94
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $55.98M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $20.62K | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 13174663 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 874488 | 11 |
View Market Depth
| Last trade - 10.43am 17/06/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
-0.001 ( 4.65 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 113420 | ||
| Last updated 11.02am 17/06/2024 ? | |||||
| ADN (ASX) Chart |