I got in over the last two years and averaged down to 3.6c. I've also had some traders I bought and sold a few times for a quick 20-50% below 6c.
In the last month I've sold 50% for average of 20c and have battened down the hatches to hold the remainder no matter how high (or low) it goes.
I plan to top-up if it goes down to ~17c and again at ~11c, doubt it will but have been proven wrong before, its amazing how quickly an air pocket can appear after a big red night in the US.
In your case, its a really tough decision.
I think there are lots of BevanS fans that have jumped on this for the ride, also lots of momentum traders who will exit in a heart beat if weakness appears.
If I was in your situation I would buy a third (or a sixth) at ~21c just so I was in, then do lots of research and if you still like it then buy the other thirds on dips (which may be higher up or lower down).
There's a pretty good chance of a "sell the news" reaction to the upcoming results, even if they're stunning results/outlook (they have to be just to stay at this price). If this occurs on good results/outlook, that would be good time to top up.
AIMHO
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.66M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $3.535K | 66.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 63173 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 1101339 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 63173 | 0.052 |
2 | 104905 | 0.051 |
8 | 695100 | 0.050 |
4 | 77016 | 0.049 |
9 | 719968 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 1101339 | 3 |
0.055 | 54372 | 4 |
0.057 | 100000 | 1 |
0.059 | 534352 | 3 |
0.060 | 42214 | 3 |
Last trade - 15.00pm 18/10/2024 (20 minute delay) ? |
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