At which point would you stop loading up ? do you have a set buy in price, say 19c ? or would you continue to buy more if it fell to 15c? 10c? 5c? At some point no matter your buy in price the profits will turn into losses, do you continue to load up then ? and what if results are not as good as expected and it drops further with little chance of recovery, do you continue to load up then - even though your now sitting on a huge loss ?
Always have a plan in place, as much as people love to use generic phrases to show fellow members there continued enthusiasm for a stock, always protect your capital first and foremost, doubling down is one of the most dangerous things an investor can do.
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $581.5M |
Open | High | Low | Value | Volume |
32.5¢ | 32.5¢ | 31.5¢ | $1.940M | 6.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 470483 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 33000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 453608 | 0.315 |
27 | 806928 | 0.310 |
11 | 241226 | 0.305 |
30 | 490096 | 0.300 |
6 | 120637 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 33000 | 1 |
0.325 | 105900 | 2 |
0.330 | 80538 | 3 |
0.335 | 285000 | 3 |
0.340 | 646646 | 5 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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Will Souter, CFO
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