TLG 3.68% 70.5¢ talga group ltd

@Goldfinger99 It all depends on what your investment strategy...

  1. 282 Posts.
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    @Goldfinger99 It all depends on what your investment strategy is, hopefully you have one?!

    I am a new holder with TLG after watching the stock for approx 2 years, however, I have learned the hard way over the years of the "emotive" side to stockmarket investing, that left me years ago! Now it is about stop losses and profit taking, and getting them both right is not easy, but you have to be regimented.

    For me, in your situation, I would have been out before the SP got to $1.00, yes of course the fundamentals and the significant gains this company has achieved are great, BUT, like any small cap investment, there are more risks. Without knowing your risk profile, I can't comment further, all I will say is that I bought in at 0.79c with a sizeable investment, but my stop losses will trigger at 0.67c, which looks like it will hit this week.........

    I will then monitor the situation and the impending Court decision, and most likely come back onboard, IF the Court decision is favourable, and buy on the recovery position, but that maybe some way away.......

    My opinion only and DYOR

    Best of luck
 
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Last trade - 14.15pm 29/04/2024 (20 minute delay) ?
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