Well there is an easy solution to that. Don't buy any more shares/liquidate your current holding. I'm too far in the red to sell now and not a fan of averaging down til i see some strength.
It will come back, just a matter of time. We were in a great position 2 weeks ago but recent events (Placement) acted like a bucket of water over a raging fire. We've been sold down heavily several times in the last 12 months, doesn't mean it's not coming back.
This is a good LT buy and hold. ST is more scary IMO if you are looking for a quick win.
Cheers
D85
Well there is an easy solution to that. Don't buy any more...
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Last
$9.90 |
Change
-0.220(2.17%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $10.05 | $10.12 | $9.87 | $13.55M | 1.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $9.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.91 | 2197 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |