When taking a position in a company like ITM, I like to average up in set increments. It's a toe-in-the-water approach, adding to the position as the confidence grows. It prevents one from going fully in and getting burnt. I was about to do the same with ITM but made the mistake of putting it all in the SPP. It seemed like a good idea at the time, but I now realize it will be scaled back and I've missed an opportunity. I did purchase at 26c, but I've missed the opportunity at 28.5c and 31.5c. I'm now waiting for the refund hoping that I might still get it at 28.5c. The last thing I need is a Xmas rally. ITM's potential as outlined by @setfire2thehive is very attractive.
Best of luck to all holders.
When taking a position in a company like ITM, I like to average...
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Last
6.4¢ |
Change
-0.008(11.1%) |
Mkt cap ! $7.826M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 6.2¢ | $12.52K | 188.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15600 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 200000 | 1 |
View Market Depth
| Last trade - 15.38pm 03/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
-0.008 ( 12.5 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.6¢ | 6.3¢ | 74891 | ||
| Last updated 13.33pm 03/05/2024 ? | |||||
| ITM (ASX) Chart |