Just for the record I exited today at 35. My buy average was around 33, so not much gain and a short stay as well.
As I had mentioned I was a new entry who had come in technicals. I then saw some unusual activity - the Taylor sell. But I read more from fundamental perspective, and I feel this sits on a strong footing and some day the potential will be realised.
So why did I get out? Firstly, I didn't like the price action of recent times. I am still clueless why that is happening. So I thought better to stay out of this uncertain state and come back when things settle down - and hopefully SP is on an uptrend. The drawback is that if it gaps up on a good announcement, then one misses. But the second reason, which for me was more important, is that the Lithium sector where I hold a lot of stocks has suddenly started surging in last few days. Like many other stocks/sector, it was in doldrums for quite sometime. Not only I hold a number of stocks, I do Daily and weekly Report across the sector. So I can sense and see the change happening. So I thought while this phase is on, I use my funds there.
I wish you guys well. I certainly learnt a lot in the short period and thanks to some posters who have done an excellent research and have strong conviction. I will continue that process of reading and I am pretty certain will come back at some time. Hope the stock lives up to its potentials and reward each of you. I will be watching the SP and reading the threads all the time. All the best.
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australian rare earths limited
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.02M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.2¢ | $19.69K | 366.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 44867 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 76739 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60057 | 0.052 |
6 | 268607 | 0.051 |
9 | 301932 | 0.050 |
1 | 76000 | 0.046 |
2 | 31333 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 76739 | 3 |
0.058 | 50000 | 1 |
0.060 | 77270 | 4 |
0.061 | 146716 | 2 |
0.063 | 200000 | 1 |
Last trade - 10.55am 27/06/2025 (20 minute delay) ? |
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