Delta,
I'll tell you a true story:
I & a relative bought EXT at 3.5c around 6-7 years ago!
years passed & SP gone up to 10c! my relative sold his shares with 300% profit.
he was laughing at me because I kept holding waiting for the miracle to happen...he kept telling me that what he made of his sell was always going to be better than any gain that I would get from waiting IF EVER I would get anything!!
many things happened to that company including making each 10 shares = 1 share.
2 years after, what was an initial investment for me that is worth 3.5c (or 35c after the new shares structure) I sold recently at $8.15!!!
a logical man can say that if I sold early then my investment would've got me better return....I laugh back & say that no logical return could have given 8 folds in 2 years or we calculate from beginign 24 folds in 6 years.
I hold PEN shares & have substantial amount in it & do see the 10c coming but it is a totally different company with totally different strategy, different age of the business, different nature projects & everything is totally different.
in my portfolio, I wouldn't put PEN & AAR under the same category by any chance even that there were similar movements up & down but in nature both are very different!
I'm not comparing AAR to EXT because they're 2 different companies but my message here is that whoever can get hold of a SERIOUS GOOD POTENTIAL COMPANY has made the money already by realising the potential & buying at the right time.
patience & self dicepline is must if you want to see massive success! in my own experience, I never sell at the price that would give me good money, I always sell at a certain fundemental milestone that I see feasible & achievable!
that person gets paid usually in a very long time but eventually if/when it pays out, they'll be very pleased with results!
I see AAR now in the right age, right market mood (fingers crossed we don't see another financial crisis!!) & right projects.
hopefully all that translates to success!!
cheers,
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $156.4M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.0¢ | $117.2K | 871.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 566530 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 72312 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 566530 | 0.130 |
3 | 346400 | 0.125 |
12 | 831019 | 0.120 |
4 | 485000 | 0.115 |
7 | 503354 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 72312 | 1 |
0.140 | 617947 | 5 |
0.145 | 350973 | 3 |
0.150 | 194943 | 6 |
0.155 | 150000 | 2 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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AAR (ASX) Chart |