That DSK rallied 30% does not change the intelligence of your strategy to be all in on a single stock. The suggestion that was provided to you (to diversify beyond a single company) is likely the result of hard learned lessons from more experienced investors, a lesson that you should seek to avoid yourself.
DSK has dropped from $1.24 to $0.77 over the past 12 months, a capital loss of 40% offset by some dividends. In contrast, most high growth funds are up > 10% and many portfolios are up significantly more than that. Therefore, your strategy has resulted in a real loss of > 40%. DSK would need to recover to around $1.10 just for you to be on par.
That DSK rallied 30% does not change the intelligence of your...
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Last
76.0¢ |
Change
-0.005(0.65%) |
Mkt cap ! $47.32M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 77.0¢ | 74.0¢ | $137.5K | 183.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48905 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 2222 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DSK (ASX) Chart |