RLC 0.00% 0.2¢ reedy lagoon corporation limited

Ann: RLC Iron project - magnetite & biochar for pig iron, page-98

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  1. 199 Posts.
    lightbulb Created with Sketch. 62
    bummer for me as well, ASX is live while im sleeping (living in europe)
    yesterday saw this one up 176% so I'm like, sell half of my holding for 4.7 cents, 25% stop-loss at four cents and 25% at 7 cents and went to sleep
    (been holding as well for 3 years, but averaged down to 2.5 cents; parcel I could afford to lose, and was at some point at 90% loss)

    Unfortunately only my 25% stop loss got through for 4 cents, and because of the stupid brexit my broker is forcing me to sell all before 31st of March. Fortunately found a new broker where I can buy again, but need to buy and sell manually...

    Hope the announcement next week brings some more upside to be able to sell the part I need to sell (but hell, I don't want to be awake all night...) indeed these penny stocks are not for the faint of heart but can do bring some high rewards if you get the timing right... +176% increase sounds much huger than -38% loss but thats deceiving, it's 3 cents up and 1.8 cents down...
 
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