You are correct, I am down a large amount of money but I haven't lost a ounce of sleep over it. In fact last week I purchased a further 100,000 BOE shares as I feel they were too cheap and may purchase more in the future depending on funds. I am prevented from buying more CXU shares due to the 20% rule so I purchased a further 5m CXU options over the last couple of weeks. The way I look at it is that my believe in the long term share price of BOE and CXU has not changed so I stay solid. If you let emotion rule your investment strategy then you need to find another investment because uranium is not for the faint of heart.
I learnt a less 2 years ago when I decided that Rolls Royce in the UK had finished the restructure and could only go up. Invest a bunch of money at 1.25 and over the next 6 months the share price dropped to 0.86. I was also making a large play in WDS so I sold the shares and moved the funds back to WDS which covered my loss and made me some more money. But I was taught a very solid less because the RR shares are now 4.70 pounds. The lesson was a good one, if you have a firm belief in the price at a future point in time then don't get confused by the noise.
Keep well.
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You are correct, I am down a large amount of money but I haven't...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.44M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $4.347K | 310.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 7831136 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 402820 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 7831136 | 0.013 |
13 | 6117712 | 0.012 |
3 | 5157342 | 0.011 |
10 | 2053089 | 0.010 |
2 | 533000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 402820 | 4 |
0.015 | 988582 | 2 |
0.016 | 4053438 | 7 |
0.017 | 3291988 | 4 |
0.018 | 3880531 | 9 |
Last trade - 10.34am 13/11/2024 (20 minute delay) ? |
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