Hi BF. Have to say even at 12c or 15c it's pretty exceptional considering the rights at 6.2
The potential is there and there's no doubt about it.
Your wife makes a VERY valid point and something many holders forget and end up missing out on.
No-one wants to pay too much.
If I buy any stock I expect a loss in the first two weeks.
I never average down because it's totally flawed unless to buy a set parcel you want.
If I want x amount I buy the first at whatever price and get my foot in the door.
I buy the second when I feel a low
I buy the third lot if I see a major down.
I NEVER average down after I have my parcel but may buy more on upswings along the way as it gets de-risked
Always worked for me.
BGS Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held