Having initiated this thread, I feel it is only fair to reveal that I've recently made the decision to sell the majority of my QPM holding, which was up 5x on average. In a Kenny Rogers song, 'The Gambler', the American singer-songwriter highlights his encounter with a ‘gambler’ on a ‘train bound to nowhere’. If understood as counsel about life, the general advice of the song isn’t straightforward. However, it does highlight an important truth – that some of life’s most important decisions come down to using accumulated experiences and knowledge to make a judgement call based on probabilities. Analogies with poker aside, Kenny is right. Indeed, “knowing” what to do and when with long-held positions is one of the most challenging and important aspects of successful investing. In the linked note, I expand on my own investment framework for selling and put it into context with ASX:QPM. It was a difficult decision to make, but on the balance of probabilities, I think it was the right decision to make, for me. The right decision for me won't be the right decision for everyone. Wishing all $QPM holders the best going forward. This is a project that would be good for both the economy and the planet, and Dr Grocott is one of the most impressive people I have ever met. Let's see how the story plays out.
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Having initiated this thread, I feel it is only fair to reveal...
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.19M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.3¢ | $12.17K | 369.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 358250 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 344413 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 358250 | 0.032 |
7 | 822411 | 0.031 |
11 | 921266 | 0.030 |
9 | 1063559 | 0.029 |
5 | 510588 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 344413 | 3 |
0.034 | 351949 | 6 |
0.035 | 462489 | 3 |
0.036 | 761637 | 5 |
0.037 | 596256 | 7 |
Last trade - 10.12am 04/09/2024 (20 minute delay) ? |
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QPM (ASX) Chart |