My take on your idea to sell down your stock on what is probably going to be the ASX’s biggest one day drop for the year and possibly Tuesday not being much better is not good trading, holding only one stock las others have said is risky as is holding any stock, but the risk is spread over multiple positions. You can be sure this stock will open down between 5 and 10% Monday (ASX futures down 330+), so if you sold out and it recovers over the week you would then be in a situation to either buy back at a higher price than you sold or not at all, if you are planning to sell and buy some other beaten down stock and their will be many that’s another thing altogether, I sold out of this stock at 2.20 back in February missed the further run it had unfortunately but am planning to buy back in over the next couple of trading days because I see this as very good opportunity and value at this level. No one can predict the future and all the above may or may not happen, just my thoughts and not advise. If you have owned this stock for a long while and are in it for the income then may be best to ride out what is currently playing out. GLTAH
GQG Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
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