Indeed, that was partly my point where people with averages under $1 are still quite positive as there's plenty of runway for them, $3 plus holders are hurting and nervous.
I'm committed to bottom drawer these shares, as you say you take an educated bet as it's ultimately speculative and I believe in my DD and investment thesis, as much as one can given the information available.
I suppose the question then is, apart from forgetting these shares exist for 2+ years and seeing what happens, do you find what we money you can to average down now if we were purchasing at $3 plus and / or do you consider the opportunity cost of funds held losing value when they could be traded in / out of other markets.
I want to keep averaging down but honestly, seeing each purchase take me further into negative territory has pushed me to the side lines and I think a lot of other investors too which may explain the low volume.
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Last
$1.70 |
Change
0.000(0.00%) |
Mkt cap ! $289.7M |
Open | High | Low | Value | Volume |
$1.70 | $1.70 | $1.66 | $85.03K | 50.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | $1.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 4979 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 21581 | 1.660 |
1 | 20000 | 1.650 |
2 | 7700 | 1.640 |
1 | 6000 | 1.630 |
2 | 4461 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 4979 | 4 |
1.720 | 1000 | 1 |
1.730 | 4899 | 2 |
1.750 | 2340 | 3 |
1.775 | 1328 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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RAC (ASX) Chart |