Timing the bottom has proven time and time again to be one of the worst strategies in investing history, yet everyone keeps attempting it, isn't human nature fascinating? Just buy at the price you're happy with currently, and if the price should fall further and it's not accompanied by terrible news about the fundamentals, well then you'll have an opportunity to acquire more. This is why experienced investors never build their position in just one transaction, and instead do so over time.
People who time bottoms tend to mistime or never get in at all. It's been happening in investing since time immemorial.
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Last
97.0¢ |
Change
-0.030(3.00%) |
Mkt cap ! $2.352B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | 96.5¢ | $13.68M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 76446 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |