well You have given into the emotion, rather than rationalising, that if you were a buyer, you would love to pick stock up at this price. When indeed, you already own it.
Were you planning on selling it when it was 50% up? or 500% up?
If the answer is 500%, then why does it concern you that on paper it may be 50% down?
It's all a matter of perspective.
One could argue, that with talbot reducing all the time, he will exhaust his sell position at some point, so the bottom is near.
Good luck walking into another stock which has not yet bottomed, and take further losses.
At least at these levels, there is far more upside, in IO play, than any further weakness.
cheers
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $411.7M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 20.0¢ | $2.642M | 12.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108043 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 49972 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 98043 | 0.205 |
21 | 3465126 | 0.200 |
6 | 588828 | 0.195 |
10 | 1030498 | 0.190 |
5 | 540560 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 238899 | 3 |
0.225 | 150000 | 3 |
0.230 | 204690 | 5 |
0.235 | 888750 | 2 |
0.240 | 133566 | 5 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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JMS (ASX) Chart |