Love this company. It is by far my biggest position having entered around $3 then recently added for the first time in years in the March pullback at around $20.
I just can’t bear to sell any, even though I should rebalance, because you just have to let your winners run sometimes, and when it’s already more than a 10-bagger, a 20% drop after results doesn’t natter when the story and execution are intact but the drop is just because it ran too hard into the result.
i would suggest holders do nothing and prospective buyers watch the chart then take a smallish (eg 1/3) position once the selling dries up and it appears to be finding support on the weekly chart, then dollar cost average in further if it drops another leg lower until you are satisfied with the size of your position.
thats what I do when I want to enter but am worried re timing it too early/ late.
- Forums
- ASX - By Stock
- APX
- Ann: FY20 Half Year Results
Ann: FY20 Half Year Results, page-90
-
-
- There are more pages in this discussion • 41 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 APX (ASX) to my watchlist
|
|||||
Last
$1.40 |
Change
0.080(6.06%) |
Mkt cap ! $312.2M |
Open | High | Low | Value | Volume |
$1.32 | $1.46 | $1.26 | $25.35M | 18.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 69460 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 45000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 69460 | 1.400 |
4 | 107013 | 1.395 |
5 | 226849 | 1.390 |
5 | 143517 | 1.385 |
16 | 86280 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 45000 | 1 |
1.415 | 85014 | 7 |
1.420 | 33096 | 4 |
1.425 | 24035 | 3 |
1.430 | 56602 | 5 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online