Or is the key learning how to better time your entries/ manage downside risk.... so instead of going down 75% in the first place, you'd now be up XXX%?
That's what I'd say to all the "doesn't matter it's down 65%, I'm here for 5 years" people. It does matter, because if you believed in ESH so much at 2.7c and did some reasonable risk mitigation, you could have 4X as many shares now at breakeven/ profit, instead of being underwater.
Certainly not a criticism directed at you, but something I think people should have more consideration for, even on their favourite stock.
Under a cent party, page-10
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $10.70M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $14.08K | 533.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74885 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 43565 | 2 |
View Market Depth
| Last trade - 15.29pm 03/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
0.002 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.5¢ | 118047 | ||
| Last updated 13.24pm 03/05/2024 ? | |||||
| LU7 (ASX) Chart |