Thanks for back data and your observations on DSK. FWIW I too...

Thanks for back data and your observations on DSK. FWIW I too thought this business would have been more resilient (i.e. small affordable luxury items, etc.) in an RBA tightening cycling / cost of living increase. Apparently not looking at the results from the last 2-3 years. I was wrong to believe this.
In respect to the comments (differing opinions) from other posters on this thread. I think it comes down to what type of investor you are. If you are prepared to have your capital sitting idle for another 12 months and are also prepared to invest more money and average down on a losing position in the hope of an eventual bounce back > good for you. It might pay off in the long term. If you are less patient and see better short-medium term opportunities to off-set a capital loss with a capital gain in an investment in a better performing business with a stronger outlook > just as valid strategy IMO.
On a technical side note: The SP chart has broken through all previous support levels and is now making all time lows. I don't know where the bottom will be in the 2H of this FY. Good luck to those who hang on.