EXR 6.67% 9.8¢ elixir energy limited

Ann: CBM Pilot Passes Key Milestone, page-185

  1. 399 Posts.
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    Well-- I had a vision -
    - where I was stuck with a Parcel of shares , that I purchased in an attempt to make a Very Quick buck..
    when the hype around the announcement didn't bring Instant wealth as I had hoped , I began to watch my Paper Losses appear , as the share price tumbled, to less then half of what I paid... .

    I did some research, and realizing NO Speculative stock comes with a Guarantee of success and profit, -- noticed that the company had a Good Management Team, ( who had been successful in the Past.
    They had a plan.
    As Opportunities appeared - that could be Money Makers for the Company -- they picked out Two and again -- formed a Plan.
    As the Plan developed and mile stones were reached - the speculative stock began to De-risk to a level where I felt more at ease.

    The share price, continued to slump as SELLERs , who had Decided to Sell , for what ever their Individual reasons may be-- requirement of Funds elsewhere, time frame greater then originally expected, need for cash to Invest in other Opportunities, -- unplanned expenses, -- Mortgage increases due to Interest rates increasing -- who knows , but each has a right to Sell their own shares.

    As I like the way the company is going , I decide to Double Down and accumulate MORE Shares at half my original Buy in price...
    so I have now Doubled my Holdings at an average price of 75% of what I was More than Happy to pay -- when I first bought in.

    I decide to hold now for take over.... Or if I do need the cash (for any reason in the future) I only NEED the share price to increase to 75% of my Original Buy in Price to break even.

    SELLRS and what they are prepared to accept for their shares -- determine the Share Price..
    Speculative Stocks are a Gamble.
    Always have a strategy.
    Gamble Responsibly - DYOR - NEVER invest more than You are prepared to Lose.

    GLALTH



 
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Last
9.8¢
Change
-0.007(6.67%)
Mkt cap ! $111.1M
Open High Low Value Volume
10.5¢ 10.5¢ 9.8¢ $140.1K 1.384M

Buyers (Bids)

No. Vol. Price($)
1 17885 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 119761 3
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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