A loss is a loss. Realised or not.
Mine - bought last week as a punt resulted in a 100% loss. Suck it up and move on, that's what a punt is. I would rather put new money in the market where and when I choose. Realised loss... tax benefit makes it ~65% in real terms. Can make that back pretty quick. Months not years.
Yours - loss. Whether you paid 4c or 2.7c all up, you've made a loss. You could sell tomorrow, farm the tax benefit and invest in what you choose... or you can put them in your bottom drawer and wait, your call. Still a loss, how you make it back is your decision.
The real lesson is not to be dogmatic about taking a loss, you never get forced to do anything.
A bit of pain in the short term seems inevitable, a revised timeline and a budget is first on the list. This is going to be very hard / impossible for existing management to deliver, particularly when $3m+ unexercised options are factored in.
AVL will make your 2c back in time but appear to need a personell shake up and fresh approach.
GL, might chuck a few on the Aussies into Comanche to make back my AVLO coin.
AVL Chart, page-2902
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $68.23K | 4.927M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
67 | 29492532 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 3429220 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 3787523 | 0.018 |
8 | 2387728 | 0.017 |
8 | 2791875 | 0.016 |
11 | 2263500 | 0.015 |
2 | 500000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 862281 | 2 |
0.020 | 404607 | 6 |
0.021 | 598625 | 6 |
0.022 | 1380000 | 5 |
0.023 | 2654010 | 7 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
AVL (ASX) Chart |