AVL 7.69% 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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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
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
AVL (ASX) Chart
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