Your welcome Footy.
Yesterday I mentioned that I was going to wait before topping up on KGL again because of fear of markets.
Last night I decided I was not prepared to wait any longer.
This is too good a stock, and I am only 50:50 on another leg down in markets. Even if markets do go lower, it's only 50:50 that gold stocks follow (IMO). So I decided the odds are not in my favour to wait considering the upside that I see for this stock.
There is the risk markets will drag it down further, but if so I will buy more when I think that sell-off is done.
I bought more than half of todays opening volume across a few different accounts.
These ones I bought to hold longer term.
I will be buying more on any sell-off for shorter term trades if we get another sell-off.
If we don't get another sell-off, I feel more comfortable now that I hold enough in case it starts its run.
Your welcome Footy.Yesterday I mentioned that I was going to...
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $56.72M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $4.366K | 42.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 584999 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 179887 | 5 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |