RE: Speculators - group message10 Oct 2019 18:09
Thanks to the LSE for when the site crashed, deleting my previous post.
*sigh!
:)
So yeah, I look at it all like percentages, rather than amounts.
The Buys I showed above were all on £9k.
My 'per transaction' cost (due to a quantity discount) is just £5.95, or 0.06% of the trade, approx.
If you buy for £900, then that transaction cost makes a bigger dent of your investment, becoming 0.6%.
(Similar to UKOG, there's no stamp transfer on 3OIL).
I was tempted to sell again this afternoon, when it rose +5%, but decided to hold.
It has been trading quite a lot higher and I think it should be above $0.50.
So I'm just going to see what happens over the next few days.
I tend not to deal in several ranges (as I would on UKOG, and others) with this share.
I'm fairly new to it and I'm still trying to find my 'comfort zone'.
:)