EXR 4.55% 10.5¢ elixir energy limited

Well-- I had a vision -- where I was stuck with a Parcel of...

  1. 382 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
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $119.0M
Open High Low Value Volume
11.0¢ 11.3¢ 10.0¢ $523.6K 4.958M

Buyers (Bids)

No. Vol. Price($)
40 2133552 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 298136 4
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
10.5¢
  Change
-0.005 ( 4.55 %)
Open High Low Volume
11.0¢ 11.0¢ 10.0¢ 3161464
Last updated 15.57pm 24/05/2024 ?
EXR (ASX) Chart
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