HappyCats,
And another thing. You think you are protected with your stops. Let me tell you. You are not protected at all. In case the TOL is announced there will be an immediate trading halt. Your stops will be triggered only AFTER the TH. At that time the SP will be already way up. Your stops will be triggered but you will cover at severe loss at much higher market price.
So don't be so smug. You are not protected at all, and the lower the SP goes now the greater will be your loss.
I am telling you this from long experience. Even if there will not be a TH (which is very rare not to occur) the SP will jump so fast that by the time your stops will be executed the SP will be already very high. There is a huge pile of stops like yours and only a limited amount on "ask".
bargain of the century, page-42
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13933 | $6.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 1389 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |