COI comet ridge limited

It IS all relative Khaliqs, I made a lot of money quickly...

  1. 751 Posts.
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    It IS all relative Khaliqs, I made a lot of money quickly mid-year from 3 stocks which I now do not own and then moved a big amount into AVG and averaged down as it continued to fall as it looked cheaper and cheaper. I have now realised those losses at 16c in AVG moving the proceeds into COI at 16c 4 weeks ago. My example is that you can move money around rapidly vying for quick ROIs but very very few do it successfully long term and it's not how I have grown my portfolio over 4 years. Majority of my money has been made buying undervalued investments and averaging down if they fall. Then on the 50-100% moves I sell if I think they are fairly valued or the future reward isnt compensatory for the entailed risk moving forward (better R/Rs elsewhere).

    We all have our own styles mate, not sure why you keep coming back to your quick trades. If I have 80% of my money in COI and it appreciates 150% and I sell, I have generated a TOTAL portfolio return of 120% in 2 years off the back of COI alone, not including my other trades, which may be well above yours despite your quick profit trades...Merely an example, but see how not everything is as it seems.
 
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(20min delay)
Last
14.3¢
Change
-0.003(1.72%)
Mkt cap ! $170.4M
Open High Low Value Volume
15.0¢ 15.0¢ 14.3¢ $93.77K 642.0K

Buyers (Bids)

No. Vol. Price($)
5 163507 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 70373 8
View Market Depth
Last trade - 11.37am 18/06/2025 (20 minute delay) ?
COI (ASX) Chart
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