Steve,,"Well done CB but that is a risky move isn't it? How would you know what the movement range was yesterday to decide when to sell or buy?"
mate your not wrong.
I took the position to sellas I thought we may be on teh verge of another GFC ( or crash) and thought I would stop my looses.
So copped a loss on some shares and then fully cashed up I stood back and watched what was happening , I tried to get back in at the lower prices but could not. So I went in today with twice the quantity and am currently in profit, as soon as I am back to my previous cost basis I will off load half and get some money back.
Yes it was a very dangerous, but what do you do, CTP had dropped dramaticaly and may well have gone lower.
I really prefer to do my research and invest for the long term (in my case that is no longer than 4-5 years)
I am confident that my selctions will improve dramaticaly over that time.
I really dont need small amounts of money (ie $5,000 here and there) I am confident that I have selcted winners that will show 10 times return, in relation to CER I am really only in that for the potentail dividend, if they give a 8 or 9 cent dividend on todays prices I would be getting approx 40% return tax free each year plus capital gains.
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $37.00M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $14.33K | 286.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 333765 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 120916 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 333765 | 0.049 |
3 | 50520 | 0.048 |
1 | 212787 | 0.047 |
1 | 232581 | 0.043 |
1 | 175000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 120916 | 1 |
0.054 | 96556 | 1 |
0.056 | 19995 | 1 |
0.058 | 172431 | 1 |
0.060 | 112209 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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CTP (ASX) Chart |