Because the share price might not fall to $4 or even better yet $3.50.
So I will buy again at mid $4's. If it drops to $4 I will buy again, and if the share price drops to $3.50 I will buy twice my exposure at $3.50.
I have absolutely no idea where the share will go in the short term.
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Last
$8.15 |
Change
-0.060(0.73%) |
Mkt cap ! $5.676B | |||
| Open | High | Low | Value | Volume |
| $8.13 | $8.17 | $8.09 | $344.8K | 42.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 788 | $8.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.16 | 783 | 5 |
View Market Depth
| Last trade - 10.06am 31/07/2025 (20 minute delay) ? |
| CGF (ASX) Chart |