AVL 0.00% 1.4¢ australian vanadium limited

A loss is a loss. Realised or not. Mine - bought last week as a...

  1. 598 Posts.
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    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.
 
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1.4¢
Change
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Mkt cap ! $129.4M
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1.4¢ 1.4¢ 1.4¢ $49.28K 3.561M

Buyers (Bids)

No. Vol. Price($)
1 219113 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 11988488 21
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Last trade - 10.56am 25/11/2024 (20 minute delay) ?
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