I remember vividly listening to the AGM last year when during the AGM the SP just collapsed from around $3.65. if you had of asked me then did I expect TYR to be trading at a level approaching $1.00 no more than 6 months later I would have said you've got to be smoking crack LOL!
I've looked at averaging down a number of times over the last month only to commit funds into stocks that are profitable and somewhat inflationary proof.
As you say and quite rightly the numbers continue to head in the right direction. Anyone who has a decent appetite for risk could potentially make some serious alpha buying at these levels; however my appetite isn't that strong so will be waiting for a reverse to the upside of at least 20% before I look to buy in again.
TYR Price at posting:
$1.18 Sentiment: Hold Disclosure: Held
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