WGO 0.00% 35.5¢ warrego energy limited

Well, I won't say that everyone should do it, but I'll say it...

  1. 3,180 Posts.
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    Well, I won't say that everyone should do it, but I'll say it again. I averaged down ALOT. I now sit at 200k shares at 0.096c.

    Sure, I've taken a massive risk. But the opportunity to avg down has been there for months and months and still is there. I call it being de-risked, others call it stupid.

    For me, this RTO, no matter what the terms, is fantastic. If I can free carry I will. If not I'll de-risk how much I have invested when the opportunity presents itself.

    So if your sitting on a high avg sp hoping for 10 bags to break even, you may want to rethink your strategy.




 
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