WR1 5.88% 54.0¢ winsome resources limited

I have been in and out of WR1 on a few occasions. I was holding...

  1. 8,304 Posts.
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    I have been in and out of WR1 on a few occasions. I was holding some in Oct.

    I have a strategy which often means I take some pain along the way.

    Let’s say you buy 100,000 at 60c and sell 50,000 for $1.20 get back initial capital,

    Those 50,000 are pretty much free carry. Yes from a tax perspective not, but the risk exposure is greatly reduced.

    You are not fully sold out and have upside for TO etc.

    Yes if market drops back you take the pain, but not with your initial capital.

    Plus you build CGT disc timeline.

    I generally focus on negatives over positives. Sorry folks but there are too many rampers on most stocks that need to balanced out IMO.

    Protecting capital is priority. I have my fair share of problem dog stocks I will admit.

    I added some last week. If that does not tempt the gap to fill nothing will lol.






    Last edited by GARETH78: 18/08/24
 
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