Thungela Res Share Price (TGA)

Pop I know what you're saying its very difficult to time I have brought this many of times thinking it was the bottom and down it goes again, but I have brought many of times and up it goes, this is the beauty of investment always keeps you on your toes. I personally buy small amounts on the way down say a 6% drop and then wait and see what happens, if it drops again I'll buy a little more depending on how big of a drop is how much I willing to buy. I think at this price its still cheap and come August I'm hoping that's no longer the case

I kind-of agree. I'm holding back a bit, because there could be an overshoot (from my arbitrary support level estimated at 1150) - we had the share dropping to 1050-ish twice over the last 2 months "recovering" to mid-1100s intraday. If I miss it, then tough :) I already own a decent amount of Thungela, so I don't want to be driven by FOMO.

diamondman : considering the last two months cycle between 1150 and 1400, four times over this period, do you consider this "tanking"? It hasn't been increasing steadily over the last two months up to 1400 and then suddenly reversed trend and dropped to a 2-month low of 1150 in a couple of days, has it? It has repeatedly hit near to it's record high before returning to roughly 1150 (which is still 10 times what it was last year!!). Personally, I don't consider this tanking ......... then again, I bought at lower prices than this, so fair enough, it's tanked if you bought at 1350!

Tanking is WHSmith (a share I owned at the beginning of the pandemic) dropping from £26 a share to £9 in a week or so and still has not got close to £26 again (£19 highest) over the last 2.5 years! :)

All markets taking a drop today ,buying opportunity

What’s coursing the drop today?