Congratulations on your wonderful $1 million plus windfall profit. - nice work if you can get it - you are an inspiration to us all.
However - it seems to me that you were confronted with a Scylla and Charybdis type dilemma - as a consequence of the size of the bet and the as yet unknown implications of the Chonolith at Julimar..
You opted to take the profit at $1-20 - the potential downside being if a TH is called, a monster resource announced and the shares reopen at $3-00.
Alternatively if you took the punt and waited you may have forfeited a very substantial windfall profit or part thereof that was available now.
What would I have done? - probably had a nervous breakdown
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Last
$1.18 |
Change
-0.035(2.89%) |
Mkt cap ! $457.0M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.15 | $3.391M | 2.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5849 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 53592 | 11 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.035 ( 3.62 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.19 | $1.15 | 615525 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| CHN (ASX) Chart |