no disrespect mitta. just sharing my opinion.
another general fallacy that hedging reduces risk.
true it reduces risk but also your earnings.
might as well not trade at all - that way no risk - the perfect hedge is actually not trade at all.
in fact hedging in the long term will cost the investor more because it comes at a cost.
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Last
$7.22 |
Change
0.180(2.56%) |
Mkt cap ! $6.645B |
Open | High | Low | Value | Volume |
$7.12 | $7.25 | $7.09 | $7.774M | 1.086M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1018 | $7.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.22 | 8165 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 875 | 7.210 |
25 | 12973 | 7.200 |
23 | 23671 | 7.190 |
12 | 14949 | 7.180 |
9 | 35762 | 7.170 |
Price($) | Vol. | No. |
---|---|---|
7.220 | 8911 | 29 |
7.230 | 32064 | 17 |
7.240 | 45279 | 18 |
7.250 | 52231 | 26 |
7.260 | 41120 | 12 |
Last trade - 11.40am 10/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |