I'm with Leeman on this. My initial buy in was about 1.20 give or take. Then I bought a stack at 85cents. Then I bought double my whole holding at 51cents. For me that was my strategy. I don't buy the same amount as in averaging down or up. I just decide what I'm willing to risk at the time. But sure you could average down close to the current price I did.
average down - lyc, can it work?, page-57
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Last
$6.40 |
Change
-0.005(0.08%) |
Mkt cap ! $5.977B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.37 | $3.651M | 569.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 16654 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 35935 | 22 |
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| Last trade - 11.01am 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |