While I agree in principle, I disagree about stop losses. ANY company can tank - even blue chips.
RLT is great, but still speculative, and fragile due to it currently being a small company.
Stop losses are a guard against bad news. What we are seeing here is SP slipping on low volume, the fundamentals have not changed from when it was at 52wk high. On that basis I have been adjusting my stop losses as the SP has been slipping, on the rare chance that an announcement comes out saying Stefano has been runover by a bus for example. I would suggest others do the same as a general rule of thumb for investing on the stock market.
Don't be like unknownsoldier who does not understand SP volatility and has a flippant attitude about stocks - hold firm, but be sensible
Ann: Preliminary Final Report, page-74
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Last
81.5¢ |
Change
-0.005(0.61%) |
Mkt cap ! $24.71M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 82.5¢ | 81.0¢ | $9.706K | 11.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24808 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 22410 | 12 |
View Market Depth
| Last trade - 15.43pm 17/06/2024 (20 minute delay) ? |
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Last
81.5¢ |
Change
-0.005 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| 82.5¢ | 82.5¢ | 81.5¢ | 2477 | ||
| Last updated 15.31pm 17/06/2024 ? | |||||
| RLT (ASX) Chart |
