KZA 0.00% 8.0¢ kazia therapeutics limited

Movement, page-35

  1. 2,082 Posts.
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    Hi Riskyrider, no offence taken at all. Looks like the sp is tracking along nicely with a close of 16c. As I mentioned before, looks like I picked the bottom only by default. I plunked the bid at the price which I thought there was no way it would go below without terrible news such as phase 1 failure. As this event if it ever happened is still probably at least 6-9 months away, I just didnt think I would pick up shares again at 14.5c. I think the sp was around 17.5/18 when I placed the bid.I am usually terrible at picking the bottom, but what I have found is as a long term investor, patience (longer than a few days/weeks) will usually get rewarded. I believe in NRT and have placed my money where my mouth in, so onwards and upwards. Easy in hindsight but 14.5c was just ridiculous, actually anything under 20c is a gift IMO.
 
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