Brent said he was down to a few thousand dollars now. So assuming that is (say) 6k - his initial investment could have been up to 60k (I certainly hope not) had he bought in at $1.35 - such is the destructive power of AHZ on one's wealth for long term holders.
So you don't really know what the level of pain is, and it is all relative anyway.
To be honest if someone were a top 20 holder I would hope they had a huge portfolio to diversify their top 20 holding in AHZ. Otherwise the race track would be just as good a place to lose money.
I didn't have that much in AHZ (relative to other big fish) but losing the money still hurts, and I should have been far more diversified as well. Turns out knowing finance theory (or even have a related degree in it) and practicing it are not necessarily related. Sigh!
Ann: Admedus Secures Strategic Investor, page-307
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Last
$18.30 |
Change
0.300(1.67%) |
Mkt cap ! $351.7M | |||
| Open | High | Low | Value | Volume |
| $18.25 | $18.30 | $18.01 | $12.33K | 679 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $18.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 247 | 2 |
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| Last trade - 14.56pm 04/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |