Well, right now it feels like my timing couldn't have been worse. Put in a sell order for the remainder of my holding before open (and before announcement) this morning, then when I logged on a few hours after open there's this announcement, a SP bounce, and all my shares sold.
At this stage I have a total loss of $6050. I'll consider coming back in if/when the volatility settles. Seeing it breach support at 8.5c yesterday was enough for me.
While I don't like to throw away money, I won't say I regret it. I'm learning how volatile markets behave, which was the whole point of starting out my investing in the spec end of the market. I was careful to invest money I could afford to lose, and I managed not to lose it all, anyway.
AVZ Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
