Great work @TheSandman. Proof of the advantages of buy/hold/accumulate. Tax advantages, wealth creation advantages etc.
Trick is to find that share with the right credentials, good management with a clearly articulated plan and a resource in the right place and time.
Step two is to buy as many of the shares at as low a price as possible, then hold on while others lose their nerve - especially when the price fluctuates for no reason.
10 bags from here see's a share price of $3.65 (and you with 10 million) and twenty bags from here has us at $7.30 - and 20 million for you.
I know that figure around $6 - $7 is what a lot of us who have been here for a while have always looked forward to - that parity of price with QGC - so at 36.5c this is still a screaming buy in my opinion.
@lawrence1967 would be proud.
Elixirnaires Lounge, page-253
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $28.84K | 252.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1185123 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 195683 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| EXR (ASX) Chart |