call me stubborn Grangeh, but to sell out just cause the market has been sold down is a break from reality.
Does it matter what the sp is so long as they get the gas in place announce within say 12m?
Sure many may say, lets average down, and let someone throw their stock away to them, but does it really matter to average any price?
My point is simple, if you entered at 20c, and it is now 10c, and you may or may not average to 15c, how will that change the picture when sanity returns to the market, buyers step up generally, or they announce gas in place and the sp runs to 1-2 bucks?
It is very temping to average down, when we sell ourselves into the dream, but out initial volume was calculated on a percentage entry of our portfolio exposed to the possible risk of complete failure.
For mine, i'll just stick with my entry at 23.5c, and if it comes up trumps in a year, great, otherwsie, no point overexposing to one stock.
Sanity will return.
cheers
- Forums
- ASX - By Stock
- CTP
- new announcement
new announcement, page-18
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $47.28K | 967.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 517610 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 517610 | 0.048 |
1 | 100000 | 0.046 |
1 | 150000 | 0.045 |
1 | 50000 | 0.044 |
1 | 175000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 150000 | 1 |
0.054 | 96554 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 121300 | 3 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online