I think your answer is with the latest RNS and also the Mining Sector beginning to show signs of a recovery, I could still get back in at these prices but with all bounces there will be profit taking, the important factor is confidence seems to be on the up............I await the dip??
LessD, this is probably not the best share to day trade as you'll have to pay stamp duty of 0.5% and also the trade fee every time you buy the shares. Try day trading with shares that doesn't charge stamp duty.
I didn't think this share could go any lower, but I was wrong. I'm still holding as time is on my side because they are still paying juicy dividends for the time being.
I wish I'd have pulled out by now, kicking myself. Was slow off the mark and ignored this share in my portfolio stupidly. Don't think I can bring myself to cut my losses now, it may not have bottomed out but it will rise back in the medium term.................just means me holding the share longer than I'd intended
I feel this stock is still feeling the shock waves of the mining sector which continues on a downward spiral, also my original concern was of the II's getting back in and then a big Sell of 2.5 m shortly after, I must assume they have more info than we do, I am pleased I took my own advice and pulled out at 1.59 albeit I am still considerably in the red.
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