there is still risk, what if you sell thinking the price is going to go down and the price goes up. It happened to Max and he does have some idea of reading charts.
Max
my point was exactly that if I sold a portion of my holdings and the price went up I would be buying back in at a higher price. It’s all good to say you did it but I don’t know how much you had on the table and I don’t want to know but I have a large holding and I was lucky enough or smart enough to get in under 10c. For me I can sell 30% of my holding when the price hits 50c and get my free carry and still have a reasonable size holding. Why would I bother trying to dodge bullets now, just sit and wait it made it to 45c without funding!!!
Ann: Update on Funding Activities & Graphite Market Conditions, page-125
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $80.55M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $14.18K | 116.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 201846 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 118767 | 3 |
View Market Depth
| Last trade - 14.46pm 08/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.5¢ | 12.0¢ | 16632 | ||
| Last updated 15.38pm 08/05/2024 ? | |||||
| WKT (ASX) Chart |