Someone mentioned on another thread if they should top up as they didn't like their average moving up and therefore the paper profit gains reducing. As they mentioned that after buying more shares often there is a pull back.
I lost count of how many top ups since main buying around 5.5c, then big lot at 8c pulled back to 6c, 11c pulled back to 9c. 17.5c pulled back to 14c. 21, 22, 24c on run up to 30c then back to low 20's. Heaps more at 29.5c, before back again to low 20's. further again on way back up at 28.5c
Then last topup yesterday at 52c to calm my OCD of not having round figures.
There was a poster a while back who showed the percentage gains and drops from all the peaks and troughs, which was especially helpful to show that timing is damn near impossible, but having skin in the game certainly has helped build a sizeable holding over time.
IHL Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
