Have to compare them in the same market. Averaging down, you stop buying as the shareprice begins to rise.(average price per share is $1.09)...Averaging up..wouldn't you just by the 20,000 @50cents and leave it at that. No need to buy more as the SP rises...Scenario 1 ..36,500 shares @ $4 =$146,000 Scenario 2..20,000 shares@50 cents= $10,000. All depends on how many you are happy with. With Scenario 1..anything above $1.09 is profit. Scenario 2 ..if you intend to purchase the whole 36,500 shares anything above $1.09 can show a loss if there is any retreat in the SP. Is a good workout for the brain....Tim.
- Forums
- ASX - By Stock
- SLR
- fantastic market reaction
fantastic market reaction, page-88
-
- There are more pages in this discussion • 73 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)