I get that and there has been a discussion on support.
My thoughts if you truly believe the company will continue to grow from here, but the SP will fall simply based on profit-taking, If you sell out and buy lower, you then hold more shares that would further support the price into the future and it would cost you nothing. You would go from holding X amount of shares now to X+20% in 2 months' time.
Yes you have to take in CGT but you would still be in front. Even if you only sold your initial investment, not everything. If you believe supporting the company buy holding shares, then the more you held the more you support.
Again not arguing, just discussing.
I get that and there has been a discussion on support. My...
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Last
$65.42 |
Change
-0.090(0.14%) |
Mkt cap ! $8.631B | |||
| Open | High | Low | Value | Volume |
| $65.40 | $65.53 | $65.38 | $8.730M | 133.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1114 | $65.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.43 | 768 | 7 |
View Market Depth
| Last trade - 14.52pm 16/04/2024 (20 minute delay) ? |
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Last
$65.43 |
Change
-0.090 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $65.46 | $65.53 | $65.40 | 39382 | ||
| Last updated 15.13pm 16/04/2024 ? | |||||
| ALU (ASX) Chart |