I would be wary of providing what could be interpreted as financial advice, but IMO "protecting capital" after a 60% drop seems life a perfectly decent way to crystalize a loss.
If people wanted to protect capital IMO best done on the way up - or by setting a stop loss on initial entry. If you've held down to these levels a good chance you're going to sell at close to a low. I'm waiting for low 2's hopefully i can double down at that point and sit back.
SF2TH
IXR Charting & T/A, page-480
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Last
1.1¢ |
Change
-0.001(4.35%) |
Mkt cap ! $53.14M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $20.74K | 1.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1576027 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5680207 | 16 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IXR (ASX) Chart |