I am a newbie in the microcap investing game (although I have a decent portfolio of ASX300 stocks within my Super).
I have a question about trading versus long term investing with companies such as HIO.
Is it possible to hold such a company for the long term (say 7-10 years) and if things go your way score a multi-bagger - or is the multi-bagger dream only achievable through entering and exiting the stock time and again with the ebbs and flow of the demand for, in this case, high-grade iron ore?
I appreciate your thoughts.
I am a newbie in the microcap investing game (although I have a...
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.33M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $5.623K | 273.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1525175 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 164745 | 4 |
View Market Depth
| Last trade - 14.44pm 13/09/2024 (20 minute delay) ? |
| HIO (ASX) Chart |