I'm in full agreement Eagle.
I'd also like to emphasise what I see as the most important part of your post:
"I believe in diversifying my capital and not risk all or too much on any one stock."
I fear there are some who do not follow that advice when they see the potential of a stock like Prima. I was reading one forum the other day where a young investor stated he had sold his house to put ALL into the stock! Unbelievable.
For the record, due to the rise in PRR I now have just over 25% of my portfolio in PRR, whereas a month ago it was only 12.5%. Mt usual practice is no more than 10%, ideally around 5%. Hwever I am reluctant to sell any at the moment as I believe the potential upside is so big that it's actually worth the risk. Which tends to go against your advice I know........... Call me a hypocrite.
I'm in full agreement Eagle.I'd also like to emphasise what I...
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Last
42.0¢ |
Change
0.025(6.33%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $890.1K | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127863 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 30850 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |