You only lose on a stock when you sell.
You only lose on a stock when you’re forced to sell (margin calls/cashflow problems etc).
Today is a gigantic overreaction. We’re in an environment of global economic uncertainty and it really pales through to retail investors who are convinced that uncertainty will result in global economic collapse and that somehow your cash in the bank (what is left after you sell at a loss) will be immune to such a collapse. Compiled by continuous underwhelming A2M announcements, downgrades and negative sentiment.
Truthfully the balance sheet remains strong. Cash exists to fund growth, to fund new ventures and any necessary restructuring and investing in a strong brand.
Fundamentals remain in place and it’s a good stock to go long on.
All IMO of course, happy to have topped up today.
You only lose on a stock when you sell.You only lose on a stock...
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Last
$6.48 |
Change
-0.110(1.67%) |
Mkt cap ! $4.684B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.64 | $6.41 | $25.96M | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 103592 | $6.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.48 | 48180 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |