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0.53%

95.5¢ droneshield limited

Managing DRO Investments After Significant Growth, page-3

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CrackingName89

38 Posts.

11

05/07/24

10:24

Post #: 74620699
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Originally posted by knhassan: ↑

I believe this discussion is particularly relevant for those who purchased DRO earlier this year and have benefited from its impressive run. The situation presents several challenges:
Portfolio Overweight: DRO may have become an overweight position in many portfolios, leading to questions about whether to rebalance.
Tax Implications: Selling shares can lead to significant tax consequences, which needs careful consideration.
Fear of Missing Out (FOMO): There's always the fear of missing out on further gains if one decides to sell.
I came across an interesting point about Microsoft employees during the dot-com boom who struggled to hold onto their shares. This highlights that regardless of whether a company is new or well-established, managing significant stock growth is always a challenge for non-institutional shareholders.
This might be one of the reasons why many investors find it easier to invest in ETFs, as they typically offer much less volatility.
What are your thoughts and strategies for handling such a situation?

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Don't overthink it.

Tax is only paid when you win, if you think the run is done or close to done, don't let tax scare you out of selling.
DRO Price at posting: $1.94 Sentiment: Hold Disclosure: Held
14 Upvote

0 Great analysis

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(20min delay)
Last 95.5¢		Change 0.005(0.53%)		Mkt cap ! $832.8M

Open	High	Low	Value	Volume
95.5¢	97.0¢	94.0¢	$3.837M	4.013M

Buyers (Bids)

No.	Vol.	Price($)
15	211859	95.0¢

Sellers (Offers)

Price($)	Vol.	No.
96.0¢	3015	3

View Market Depth

No.	Vol.	Price($)
15	211859	0.950
5	141998	0.945
20	133792	0.940
5	136073	0.935
9	132985	0.930

Price($)	Vol.	No.
0.960	2127	2
0.965	65686	6
0.970	123682	10
0.975	109149	6
0.980	114641	4

Last trade - 16.10pm 05/11/2024 (20 minute delay)

DRO (ASX) Chart