If you want to reap the benefits of a rally - average cost price it and buy into this current level cause it is heavily discounted. At least you will have a healthy holding. I believe a resource upgrade will be favorable for this SP but perhaps not as strong as you would think. Especially in this bear market.
I've only recently just picked up gold and energy, only cause they are the two sectors which will ride the short term the best and also has a strong long term play. I will be average cost pricing GBG, although I would also like to heavily pick up the banks later this year/early next year once this negative cycle is maturing. Im feeling excited cause most of us have not seen a market condition like this before and it's gonna bring heaps of opportunities.
GBG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
