NRZ 7.14% 1.3¢ neurizer ltd

Ann: Response to ASX Price Query, page-16

  1. 1,873 Posts.
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    Hey mate,

    I think the majority of holders are feeling stressed with their investment, so you’re definitely not alone there.

    A good rule of thumb, particularly in speculative stocks, is to never invest more than you’re prepared to lose.
    Nothing worse than taking a hit in the markets, that can turn your life upside down.

    The majority of speculative stocks (95%+) never see revenue. That’s why it’s always a good idea to lock in profit on the upward swings/positive announcments.

    With posts on HC, mine included, always take them with a grain of salt and never let them sway your investment decisions.
    I try to be as transparent as I can about my investment/sentiment … and also objective.
    But I’m a little more on the optimistic side with this stock, even at present.

    The nature of speculative stocks also means a lot “speculation”, both positive and negative.

    IMO, the MC is worth a punt. Fundamentally, if Justyn can get the short term cash issue resolved and Daelim continue their support …. That’s a win and we’re back on track, despite the new delays.

    They’ll then need to get projects up and running to avoid further dilution whilst they navigate the changes in legislation … if they can do this and any of those projects include the word “hydrogen” … I’d imagine a little kick in SP.

    I did buy a decent chunk under 1c, but I advise against “averaging down” for the sake of averaging down.
    If you believe they’ll turn things around, then it’s a screaming buy.
    If not, then don’t put more funds in.

    I like to imagine my current investment $ in any stock as cash in the bank. I then ask myself, now that I have $x, would I put it back into stock ABC ? If the answer is NO, then I sell and don’t buy more.
    If it’s YES, then I hold and accumulate (funds permitting).

    If you focus solely on “losses” “average price” etc, I find it brings too much emotion into the investment. It should be looked at simply as a cash balance, that you can remove at anytime and use elsewhere.



    All IMO etc etc.


    Cheyne
 
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Last
1.3¢
Change
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Mkt cap ! $24.73M
Open High Low Value Volume
1.5¢ 1.7¢ 1.2¢ $325.2K 22.28M

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2 69000 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 100000 1
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Last trade - 14.00pm 14/06/2024 (20 minute delay) ?
Last
1.3¢
  Change
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