nothing at the spec end of town is a certain bet, that’s why it’s speculative! If you’ve bought you’ve already made mentally made the risk/reward call, either consciously or not. It’s of course more comfortable being in the green knowing you could pull your money out at a profit at any time, but my approach is to trust my research. Does my investment thesis still hold? Yes. Do I trust management? Yes. Is the product on the right path? Yes. Then I’m holding or adding to my position. Time horizon is obviously the biggie. Anyone saying 2 years is obviously just throwing out a number, but I’m always more confident in an outcome than the time it will take to reach it. Final thought, insiders are heavily invested here, and thought it was cheap at $3.24. My approach is to ride out this cycle and build on my position while the price is suppressed, but everyone needs to have their own investment goals in mind!
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Last
$1.78 |
Change
0.035(2.01%) |
Mkt cap ! $306.5M |
Open | High | Low | Value | Volume |
$1.73 | $1.83 | $1.73 | $188.2K | 104.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4683 | $1.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 342 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4683 | 1.775 |
1 | 15000 | 1.770 |
1 | 1100 | 1.765 |
2 | 24470 | 1.760 |
1 | 2000 | 1.750 |
Price($) | Vol. | No. |
---|---|---|
1.780 | 342 | 2 |
1.790 | 2000 | 1 |
1.795 | 1100 | 1 |
1.815 | 244 | 1 |
1.820 | 1098 | 2 |
Last trade - 13.02pm 09/07/2024 (20 minute delay) ? |
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RAC (ASX) Chart |