RLG 20.0% 0.4¢ roolife group ltd

Unit Sales - update, page-86

  1. 495 Posts.
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    I am a contrarian and RLG has been really kind to me. February and March 2020, I bought cir. 80% of shares traded in those months with the lowest price being 1.1c. That took me to #3 position. I have taken profit and re-accumulated several times since.

    Stocks like RLG are my favourite. Solid fundamental (at least to me) but heavily overlooked by market. It is nearly guaranteed that there are several moments of "rebound" in a year followed quickly by prolonged dumps. Then strategy is simple - patiently accumulate on the way down and not too greedy on the way up. Of course, a core holding is kept tight to reap the long-term benefit. I believe once CF turns positive and is sustained, market will eventually have to give RLG the respect it deserves.

    People keep talking about ability to make lots more $ else where. Agreed but not completely. If one could manage to buy the dip last year at average price of ~1.5-2c and sell at average 4c, then buy back at average 2.5c and sell at average 4c, then buy back average 2.5c early this year and sell at average 3.4-3.5c at the last run, one would make quite a decent return, yeah? And again, buying at average 2.6-2.7 now (assuming price will go down to 2.1-2.4c) would not be a bad start for the next cycle.

    GLTA.
 
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0.4¢ 0.4¢ 0.4¢ $8 1.957K

Buyers (Bids)

No. Vol. Price($)
7 14953614 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3807551 5
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