LTR 2.20% 77.8¢ liontown resources limited

Thing is … yes my first purchase too was circa 2c … and so I did...

  1. 3,095 Posts.
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    Thing is … yes my first purchase too was circa 2c … and so I did get excited when it got to 8c then 10c and at that point would be upset for what might have then been considered to be a “2c stock” being sold for say 6c (not that that happened of course).

    Now the share price is much higher, I no longer consider it to be a “2c share” (if I did does that mean some people should consider say CSL a “10c share”?).

    I now consider it to be a share worth what I value it at … and that’s not at a mere $3.

    The fact I decided to buy at a prior lower value means nothing in terms of what I should “value” the share at. Every day is a new day in terms of value and price. For me it’s a question of where should I park that $X of capital - where will it gain best future value for me. For now - that’s still in LTR. Where do you like to put your capital at the moment?

    Thank you for giving me the opportunity to express this information.
    Last edited by Acgm: 10/09/23
 
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