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2.3¢ trivarx ltd

Thanks for that... you are right. I just hope it recovers...

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seachange2

286 Posts.

20

17/01/19

11:02

Post #: 37141277
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Originally posted by BigApeLikeThing ↑

No, it's a no brainer. Every time you averaged down, and it then dropped, you basically got it completely wrong. Why do you think it is different now?
So far it's been a bad investment, don't make it worse by possibly losing even more money. If the SP recovers, you'll make some money, just possibly not as much. Don't let greed cloud your logic.
In principle averaging down sounds good, but I believe it is a mugs game, often throwing more money after bad.
Good luck with whatever you decide. Obviously this is just my personal opinion.

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Thanks for that... you are right. I just hope it recovers eventually - then that I can get some skin out of this investment.

MEB Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $10.51M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.3¢	$2	86

Buyers (Bids)

No.	Vol.	Price($)
2	376375	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	43330	1

View Market Depth

No.	Vol.	Price($)
2	376375	0.021
2	300000	0.020
1	500000	0.019
3	1252666	0.018
3	526000	0.017

Price($)	Vol.	No.
0.023	43330	1
0.024	148455	2
0.026	499980	2
0.027	500000	1
0.030	236823	2

Last trade - 10.08am 09/09/2024 (20 minute delay)

TRI (ASX) Chart