plugged and other FARites:
Let not get some funny mood swings the better of you ! You all have invested in FAR for some good reason(s) - or so I hope at least - and taken a risky investment "on board". With all risky investments it is the same: big upside as well as downside potential.
In my case (after averaging down) my average-in price is a quite high 10c.
So what is the risk/reward scenario:
Risk: It will go down to 3c (max. decline, I would believe), i.e. short-term I would "lose on paper" (as I would NOT be selling) 70%.
Reward: It will go up to, say, 20c (a lot of people here expect it to go much higher, i.e. 30c or even more - but I just take a conservative approach here). So, my gain (again on paper, as I would not sell at that point in time)is 100%.
To my simple mind, 100% upside is bigger than 70% downside, especially also as I have calculated (IMHO) with the max. downside possible and a reasonably "low" upside.
To each her/his own. And time will tell and the telling will be forthcoming quite soon.
wasa
chins up, page-6
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
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| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |