Because I trusted the recommendation - my mistake was to not attach a "stop loss" to the trade .... the ice was melting underneath and the slide was always "rationalised" by my advisor ... DYOR is the much misused advice ... maybe for a punter 20c is a BUY, but for long termers, it has to more than double to break even ... the terrible mathematical reality of losses - a 50% drop in price needs a 100% correction.
This stock was very successfully pumped prior to and just after the CR, but is now trading more than 70% below post-pump 12 month high.
Its way below its 2018 30c high .... technically this stock is still in a down trend, and wont be in an uptrend till 25c is established as firm support.
Punters sitting on the sidelines can wait till th banking licence arrives (or not) and the see the response - if it starts to fly them maybe jump on board.
But till then this stock remain a hold or very speculative buy.
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $14.23M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.0¢ | $56.24K | 1.384M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 434800 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 85002 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 434800 | 0.039 |
4 | 239315 | 0.038 |
3 | 227027 | 0.037 |
4 | 242100 | 0.036 |
4 | 368780 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 85002 | 1 |
0.041 | 227650 | 2 |
0.042 | 124390 | 2 |
0.044 | 139534 | 1 |
0.046 | 32227 | 3 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
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