That is an odd way to buy into a single stock, imho, i.e. DCA. I thought that was for a broad market ETF deployed by the FIRE hipsters, and the gold bugs for long term fiat debasement/SHTF/LT saving cum insurance.
For a single stock which is based on trial progress, PS announcements, potential BP deals or buy outs, doesn't DCA assume certain sp appreciation over a long time which is hardly a given for a biotech which is still regarded as speculative?
What about the crazy SPP 5.6c period when it dropped to 4.2c, still DCA at 100 per week?
jimho.
p/s Fridays are usually my day of choice to possibly make an A$$ of myself.
IMUGENE CHART. TA only, page-28928
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4.8¢ |
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Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.7¢ | $1.626M | 33.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 4903838 | 4.7¢ |
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Price($) | Vol. | No. |
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4.8¢ | 261323 | 9 |
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No. | Vol. | Price($) |
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42 | 4903838 | 0.047 |
49 | 5245475 | 0.046 |
52 | 7924299 | 0.045 |
16 | 3130507 | 0.044 |
6 | 1163279 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 261323 | 9 |
0.049 | 6503091 | 15 |
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