I have been in and out of MSB a few times over the past 5 years and lost each time as the price kept dropping.
Before the TH, I had averaged down my most recent holdings to $1.95 as there was a dip in the MSB price between Dec and Feb this year to about $1.20.
The price rose again, then dipped after the TH to a low of $1.01
I averaged down heavily around that time and most shares were bought at around $1.10 to $1.15
I got to 8x my pre TH holdings and as mentioned earlier sold more than half of my holdings at a loss to offset CGT.
I have calculated that with the capital gain offsets, my break-even point is about $1.25 including losses incurred over the past 5 years.
I now hold 3x my pre TH shares and when they get to above $1.25 I am back in the green based on calculations and past losses.
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97.0¢ |
Change
-0.005(0.51%) |
Mkt cap ! $1.107B |
Open | High | Low | Value | Volume |
98.5¢ | 98.5¢ | 96.0¢ | $2.168M | 2.226M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16000 | 96.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 86854 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16000 | 0.965 |
1 | 23000 | 0.960 |
8 | 163220 | 0.955 |
8 | 87646 | 0.950 |
3 | 82684 | 0.945 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 86854 | 7 |
0.975 | 37184 | 2 |
0.980 | 44810 | 6 |
0.985 | 88504 | 4 |
0.990 | 54328 | 5 |
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