Firstly I would like to say that I am an investor in AHZ and I took up all of my allocation. With that being said I have read a lot of posts predicting prices both high and low and one investor re-mortgaging their house to go "all in". The truth is this stock trades on sentiment and sentiment alone and whilst I hope the price sky rockets it should be part of a balanced portfolio as it is still speculative. I am not trying to talk the company down, AHZ seems to have bright prospects and a great story, then again the ASX is littered with great stories and bright prospects that have long been forgotten.
I myself had to show restraint at 7.1, I did buy more at that but have only averaged down to 10 cents. I am comfortable with my current holdings and will only buy more when they make their maiden profit. I guess the purpose of this post is to put some reality into the conversation and to maybe get the heavy punters amongst us to seek some financial advice. I love seeing success stories and I am equally empathetic to those that have lost.
Good luck to all.
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1 | 206 | 14.500 |
1 | 1388 | 14.400 |
1 | 60 | 14.350 |
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Price($) | Vol. | No. |
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