Absolutely right. Hold for now and accumulate when the price is right. Take a bit off the table when the price recovers.
I've been doing this with AX1 for the past 6 years and it is a great long term hold with good opportunity to buy and sell parcels and grow the holding all the while getting a healthy dividend.
AX1
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0.37%
!
$1.37

Chart - AX1, page-23
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Last
$1.37 |
Change
0.005(0.37%) |
Mkt cap ! $822.1M |
Open | High | Low | Value | Volume |
$1.39 | $1.40 | $1.36 | $4.161M | 3.027M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 370017 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 41320 | 44 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
80 | 371769 | 1.360 |
16 | 35641 | 1.355 |
48 | 218478 | 1.350 |
15 | 151397 | 1.345 |
17 | 132931 | 1.340 |
Price($) | Vol. | No. |
---|---|---|
1.365 | 39637 | 38 |
1.370 | 36071 | 45 |
1.375 | 104817 | 19 |
1.380 | 157811 | 14 |
1.385 | 45015 | 6 |
Last trade - 13.27pm 16/06/2025 (20 minute delay) ? |
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AX1 (ASX) Chart |