Two good points there-
Averaging down can be a good tactic in the right circumstances.
You need to consider the size of your current holding and your portfolio size before 'doubling down'.
Aggressive 'doubling down' or 'going all in' or some such is what can really turbo charge a loss. Talk to anyone living under a bridge in a cardboard box and that is probably their back story. Perth City Council are clearing out AMP holders from under the Narrows Bridge to make room for APX holders as we speak.
But averaging down with appropriate risk management can work a treat.
IMHO DYOR
- Forums
- ASX - By Stock
- PRN
- Ann: Perenti secures A$420 million of contract extensions
Ann: Perenti secures A$420 million of contract extensions, page-26
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRN (ASX) to my watchlist
|
|||||
Last
$1.06 |
Change
0.035(3.43%) |
Mkt cap ! $989.5M |
Open | High | Low | Value | Volume |
$1.03 | $1.06 | $1.01 | $4.541M | 4.390M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9420 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 59796 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9420 | 1.050 |
2 | 14385 | 1.045 |
2 | 26242 | 1.040 |
2 | 26242 | 1.035 |
1 | 6970 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
1.055 | 59796 | 4 |
1.060 | 37807 | 3 |
1.065 | 16617 | 2 |
1.070 | 50359 | 6 |
1.075 | 122872 | 4 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
Featured News
PRN (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online