MNS 0.00% 4.2¢ magnis energy technologies ltd

I only had RHY as a losing dog stock- but because of...

  1. 3,601 Posts.
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    I only had RHY as a losing dog stock- but because of diversification etc- it became only a speed hump and not an obstacle.

    The thing is- we will all fall for a dog stock sooner or later- it is written in the terms and conditions of ASX investing. Or something like that.

    Just- never go all in- have a plan for how much you might be prepared to average down on a given stock- read widely and including negative views on any stock that you hold...

    Because, in the long run, share investing is a beaut way of making money- if you can survive the odd dog stock from time to time. And if you are successful- then thank your primary school teachers who taught you to read all those years ago because most of it is reading comprehension.

    IMHO DYOR

    Oh, and given the question mark about the battery cell making- there must be a question mark against the carrying value of the equipment used- a pity given that this is already at negative equity.
 
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