Yeah agreed, classic prospect theory (one of the few economic theories I can actually get around - most are theoretical nonsense)
I try to change my perception of a falling share price from a negative event to a positive buying opportunity. Seeing it as a discount as opposed to a loss really does help maintain focus on the company rather than the share price. I also write down my original thesis to avoid emotions obscuring my view of the company, and I will continue to reevaluate the company against that thesis to assess whether or not I remain invested. The company is continuing to improve, so unless that changes in such a way that my thesis is no longer attainable, I'll remain invested.
Ann: Trading Halt, page-48
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Last
$2.38 |
Change
0.065(2.81%) |
Mkt cap ! $1.632B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.38 | $2.33 | $1.517M | 645.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 55011 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 18943 | 24 |
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| Last trade - 15.09pm 07/08/2024 (20 minute delay) ? |
| PNV (ASX) Chart |