Thanks for the kind words. In my world, there is an intelligent time to dollar average downwards and that is when most of the 'downwards hit' has already occurred.
Many 'retail investors' start dollar average downwards from the 'cyclical high'. This is crypto loss making strategy. If one starts the dollar average once the 'peaks' have been taken out allready, then the strategy is less risky.
I have also followed this company for many years.
But having said all of this, my position is still small!!! There is no franked dividend (why????) If SHJ is making profit, then there should be a franking component, its an Australian company.!!!
So there is risk!!!
So my position is small, a tadpole position. But I will not go 'all in' on the game of poker investing!!!
SHJ Price at posting:
59.0¢ Sentiment: None Disclosure: Held
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