I wish you all the best though am not sure you're being totally transparent here.
Matching this post with your recent post about reducing your average cost from $13 to $12, implies that your position prior to the buy and sell was about 11,500 shares @ $13. You then bought 10,000 @ $8.75 and later sold 10,000 @ $9.90. This would bring your average cost down from $13 to $12. You would also have realized a loss of $31,000 ($3.10 a share). So to make up for that loss you need the SP to go to $15.10 (without any more purchases and sales).
With this approach you are trading a large proportion of your position each time.
I wish you all the best though am not sure you're being totally...
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Last
$9.50 |
Change
0.430(4.74%) |
Mkt cap ! $1.717B | |||
| Open | High | Low | Value | Volume |
| $9.04 | $9.58 | $9.04 | $13.81M | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2387 | $9.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.51 | 1694 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |