Others might like to share their feeling / experience on this strategy for these bad news announcements.
I hear news like we did before open and see trading significantly down. Out of stubbornness or optimism I decide I'll hold for the medium (or whatever) term. I now think that the best strategy has been to sell at the open and then buy back on the close as it - in my memory/ experience - gives a lower price. It might be that I'm better to never buy back but that's way harder to get right so I'm ignoring that aspect.
What do you think?
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Last
$3.53 |
Change
0.040(1.15%) |
Mkt cap ! $2.367B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.55 | $3.47 | $2.330M | 663.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 12904 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 7281 | 23 |
View Market Depth
| Last trade - 15.38pm 23/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |