To refine my previous comment, I tend to look at smaller, higher risk higher gain stocks (many recommended by Wise Owl) and they are mostly being savaged today (10% or worse), whereas the top stocks (ASX 200 or so) seem to be only 1-2% down (or not at all).
Some examples of the ones I'm seeing at what used to be considered bargains (they still are, but might go lower) other than DES are:- - PLT (31.5c down from 46c last week, should go to $1 by end of year) - CFU (86c down from $1.06 last week; should go to $2-$5 in next few years) - COE (54c down from 61.5c, 90c a month ago) - EBI ($2.90 down from $3.40 last week; yield 25%ish)
(all IMO only, DYOR)
However, there are exceptions, such as QFX that have held steady.
I hope the SP allows you to hold, as DES is a quality share that will go up bit-time in the long term. The obvious question for you is if the SP goes too low, should you sell & pick up more at a lower SP (or obviously hold on to the cash, like gold at the moment).
Cheers.
DES Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
