These are companies with great assets and missing the outrageously low (over-shorted) bottoms should be viewed as a learning-experience as I hope if there's another shellacking it will be you @TriedbutFailed along with me & @MrPig holding our noses and buying to fill Santa's Stocking with bargain priced goodies, averaging down our holding costs. IMO best days are yet to come especially for ARU. As a tow-truck investor I bought a lot more RDR stock at 1.8 cents than I did at $1..it got me an average-cost of 10 cents ahead of the name change to NMT. I got out between 30c - 50c in staged sells. I'm actually thinking of buying-back into NMT sub 28c for lithium diversity but I'm leaning towards waiting for a circa 20c buy. Hopefully it climbs back-up before I buy and you guys get to enjoy some fruits.
Worth keeping an eye-out or set price alerts on your share-trading platform to prompt buying when record lows get tested..Selling low just emboldens the short-sellers covering their higher negative sales. Not a bad time to be buying..The commodities rout began when the sovereign-debt bubble began..they seem to be inversely related, so maybe a sovereign default-domino could be just what we need for a system 'reset' where hard tangible commodities more fairly reflect production costs and the artificially high financial stocks lose their steam..A general global crash..if it comes..should be a great time to buy miners even-cheaper but I'm not selling what I have..we're only just starting to see the green-shoots after commodities price-pummeling since 2011..When the shift comes, our upside is just-as-enormous as the downside for financial stocks..
I'm playing the swings..buy in gloom, buy more when more gloomy..and be patient to sell in boom. Hope that helps. GLTAH.
We're sitting on something amazing at Nolan's and I ain't selling my slice-of-it for mere peanuts
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $381.9M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $230.8K | 1.795M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
117 | 4411123 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 2178780 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 256173 | 0.053 |
2 | 300000 | 0.052 |
2 | 200000 | 0.051 |
2 | 270000 | 0.050 |
3 | 170500 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 227951 | 3 |
0.055 | 215000 | 4 |
0.056 | 70702 | 3 |
0.057 | 285000 | 4 |
0.058 | 165401 | 3 |
Last trade - 13.38pm 26/11/2024 (20 minute delay) ? |
ARU (ASX) Chart |