definitely not. I bought on the day of the discovery not really having any idea what I was buying. Sold it all as it went gangbusters. Bought back in much much later at an average of $5.30 (much higher than i sold) after some very learned friends suggested I quickly buy back in. Since then I have only grown more and more confident as I have understood more and more what they have.
buying pre discoveries and dreaming of 100 baggers is fun but it rarely ever happens. More likely you just lose a lot of money or become stranded in a stock for some time. My strategy is to go hard in the things I am extremely confident in (WA1 is a true generational find)... and play around with other stuff for fun. One is for wealth creation... one is for the gambler in me. The former gets 95% of my funds.
General discussion, page-5598
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Last
$14.97 |
Change
-0.040(0.27%) |
Mkt cap ! $971.0M | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.23 | $14.55 | $3.209M | 216.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 978 | $14.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.99 | 300 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |