My personal experience of share market since 1986 is that if you get a blue chip in making, hang on to it. Trade partially if and when suits.
PDN, EXT, Wesfield shopping Centre, CBA, ASX are classical examples of never Sell a Bluechip in making. TLS is a sad saga.
First time I bought ASX, it was at $3.70 after float just 10 years back. I exited at 7 dollars feeling like a king. Today ASX trades at 38 dollars, went as high as 60 dollars. Dividend alone is more than 3 dollars alone. I feel sorry but that is life.
some ramblings, page-11
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $299.6K | 2.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1131679 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 7498529 | 47 |
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| PEN (ASX) Chart |