Average price14 Jul 2018 09:44
I guess I was one of the unlucky ones buying in at 23p and again at 20p bringing my average down to 21.5p, last Monday I bought more shares at the 20p thinking that the news late on Friday might get the share price lifting.
What I did manage to do with Boohoo was to sell at a loss but buy in again when the price was falling more and I did well on that because my first buy in price with boo was 213 and if I remember right, I managed to get my average price to around 155p and I also doubled up on my shares.
With Koovs, with such a low pence share, , 1p either way can make such a difference in % so more of a gamble if I am wanting to try and work my average down, with this share, it's how low will it go, I can't see it going down below 15p with what the new investors buying in at 10p and 15p but it would be nice to try and reduce my average without putting money into it, but there again, if the price drops below 15p and I double up again, I could get the average down to around 18p, but to do that, I would need to be sure in my mind that it's a positive investment. Sorry for rambling on here, only a novice investor