Last month, I initiated a position at 4.1 cents, targeting an increase to 5 cents based on the mine not entering C&M (Care and Maintenance). It's painful to be correct but mistimed. The stock has now surpassed 5 cents, but my entry strategy included a logical stop-loss, set to trigger if the price fell below 4 cents for two consecutive days. You win some, you lose some; it's hard to catch the bottom. It feels like picking up pennies in front of a steamroller.
Good luck to the long holders, maybe the worst is behind you now.
Last month, I initiated a position at 4.1 cents, targeting an...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |