Anyway I am not loosing money anymore on this position, I am making money. My dollar average downwards now mean that my position on this stock is positive.
That's why its important in my opinion to select the right time to start acquiring the shares. The 1st position. And then have the courage to dollar average downwards. But only dollar average downwards at the point at which the 1st position makes valuation sense.
So I am relaxed. Looking forward to my dividends. GOZ will go ex in another two months for six months of dividendsSo not only gaining on the share price but I have a fat juicy dividend coming.
And in the words of Mr Rockefeller: Do you know the only thing that gives me pleasure? Its to see my dividends coming in.
I will add another component to Mr Rockefeller: My pleasure in dividends coming in, is compounded by my position being already profitable.
Those dividends are the icing on the cake.
Reasons for recent share price declines?, page-28
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 (20min delay)
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Last
$2.46 |
Change
0.080(3.36%) |
Mkt cap ! $1.854B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.47 | $2.41 | $648.2K | 264.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4999 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 162 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$2.46 |
Change
0.080 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| $2.41 | $2.47 | $2.41 | 75195 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| GOZ (ASX) Chart |