Have you heard of a de-risking strategy? I don’t go Al in in this sector.
having a POTENTIAL to hit 150 mil or a billion means there is a reason to hold shares, which I do. However, as it is still POTENTIAL, my strategy is to always de-risk by attempting to free carry. It takes away any anxiety associated with the volatility of these spec stocks that can have one in significant profit and just let it slip. My approach is always to buy during consolidation phases and then de risk. If the potential is there to be a major discovery or significant sp appreciation I will continue holding a decent parcel and ride it all the way. This is how I have made returns in the past. You will find most people at this end take this approach unless they are dealing with small parcels.
anyway each to their own. The results in i88 has increased my conviction to hold and if it dips will look at points of consolidation to buy back in.
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.78M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 49.5¢ | $17.82K | 36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32120 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 3422 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32120 | 0.495 |
1 | 15000 | 0.490 |
1 | 8000 | 0.485 |
1 | 21000 | 0.475 |
2 | 30000 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 3422 | 2 |
0.505 | 30596 | 1 |
0.510 | 66596 | 4 |
0.515 | 49998 | 1 |
0.525 | 6327 | 1 |
Last trade - 10.36am 06/11/2024 (20 minute delay) ? |
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I88 (ASX) Chart |