RE: afternoon all9 Aug 2018 18:01
Hiya FX-W:)
Apols but been a super brain-tiring day so I cant work out your losses currently but firstly 'Im really sorry'' :((
From my chart FX-W, and bear in mind Ive only learnt as of this week so it's about 99.9999999% useless by my own admission but I did buy in based on it, I have a level technically next at 1.15-1.17 ish and then possibly 1.39-1.48ish but this is for me *ONLY*. Then I assume 100% responsibility rather than following anyone else.
The close was strong; the demand was high; MMs were ready to take my entire lot and my holding remains fairly sign't....
IF the Permit ends up being granted and everything goes through, this *should* be a multibagger. However personally I wldn't hold out for that and take it one step at a time simply based on AST's past and I cant recommend anything to you. Im the last person to do so....!
But based on your current holding, set yourself a target (s). You cld slice out at preset targets instead of the whole lot at one target (that's what Ive done).
You're nursing a loss but Ive learnt trying to get it back in one go never works and can lead to further losses.
Maybe better to bank some gradually, leave some in and reinvest remainder elsewhere and build it up slowly?? That's just me though....
I cant predict what will happen but in best case scenario, coupled with production, AST cld see multiples. Worst case scenario; this doesn't transpire for one reason or another, a raise is required, some other issue who knows what. It is AIM and it is AST!!
Do what suits *you* best and what you're comfortable with, not based on claims of where this is going by me or others.
In short, i f rying to rebuild your p/f and **everyone** has been there (those that haven't are simply liars), do it slowly and steadily.
IMVHO.....
Asides from that, hope you;'e well. Are you still in FOOT. It's moving nicely if so:)
PS 'Super cautious' is the best way to proceed with investing. Truly it is and I wish I had done so from the beginning. Hindsight, hey .....sigh.......