Don’t worry I am in the same boat, had over a million at a 0.6c average so I need a 30c equivalent to get back even unfortunately. We are a long way off that yet, but not out of the question once we start mining for gold. Also, a nice solid Li hit and the market may get excited in the new financial year. I also have a much larger accumulation of options due to expire 31st October so time is of the essence for me personally!
In the scheme of things you aren’t any worse off financially, but the issue is to double your holdings in the past you just needed 1 pip movements, 0.1 to 0.2c for example. Now to get the same return it’s 5c to 10c for example. Much harder to do. We need some big money coming in to turn things around Imo.
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Don’t worry I am in the same boat, had over a million at a 0.6c...
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Open | High | Low | Value | Volume |
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6 | 139530 | 0.115 |
2 | 119000 | 0.105 |
7 | 442572 | 0.100 |
1 | 5300 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 71206 | 1 |
0.135 | 25000 | 1 |
0.140 | 187190 | 4 |
0.145 | 39428 | 3 |
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