As someone in a similar('ish) situation with millions of units (but zero oppies) I'm wondering, do you ever consider selling some of the holding and buying back in at a lower point?
I've stuck solid and only ever held LRS (never sold).
I'm averaged at 5.2 (unfortunately I missed out on those cheaper prices by a few months).
I'm forming a view that global markets (and the ASX) may wobble over the next few weeks/month based on issues coming out of America (as well as the iron ore price dropping off a cliff which will effect BHP, RIO, FMG and the overall federal budget position which relies heavily on iron ore prices).
As someone in a similar('ish) situation with millions of units...
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Last
20.5¢ |
Change
0.010(5.13%) |
Mkt cap ! $573.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.8¢ | $8.342M | 41.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 715111 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2711162 | 16 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |