Well, I hope that we all get the opportunity to pick up more lower, but I doubt that many have sold to finance that move.
It is one way to attempt to maximise a finite amount of resources, but it means taking the hit in the hope of recovering to exactly the same level to break even again. Leveraging against your own shareholding to me seems counter-intuitive. To me that’s robbing Petra to pay Paulina. Personally, I haven’t, and I wouldn’t; and each of us has to wholly own their own buy/sell decisions — no-one else is responsible for that.
I think many old hands might have taken the recent drop like a slap in the face with a soggy piece of lettuce; winced for a moment; then realised the buying opportunity, and doubled down with a timely purchase at this currently inexpensive price.
Imho, any price around the .05s is a very good value purchase. Anything in the .04s is exceptional value.
Anything in the .03s and below is a gift from the universe.
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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¢ | $909 | 90.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1209090 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 6402707 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1209090 | 0.010 |
26 | 7794348 | 0.009 |
26 | 6515327 | 0.008 |
6 | 2052977 | 0.007 |
8 | 7523888 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 6402707 | 13 |
0.012 | 4849871 | 6 |
0.013 | 2766703 | 8 |
0.014 | 2300000 | 5 |
0.015 | 2365431 | 9 |
Last trade - 10.59am 16/08/2024 (20 minute delay) ? |
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KAI (ASX) Chart |