Yeah wishing I re-purchased when I had a chance ....instead funds gone elsewhere ....I'm sure there will be a few happy TGH buyers around with this bullish move of late
Printable View
No different trading accounts but yes my ASX trading has been on fire of late....
I'm picking there will be some resistance at the 1:30 level
There was support there ($1.30) which failed after a couple of tests , then it turned into resistance, and now we are back !
Attachment 8963
I sold out today. I earnt back all the money I lost through the IPO so that was rewarding considering it was my biggest loss of 2016.
Reason I sold out is I don't think TGH is worth much more than $1.30. They hit the very bottom of wide guidance. Haven't had any runs of the board and it's been a bit of a shambles. Shares are now out of Eskrow and there are plenty of risks. As a result I think a 20% discount on IPO results are fair. The short term upside at $1.30 is not enough for me to continue with the risks. Might buy some more if it drops below $1.20 again.
I am also the same not keeping all my eggs in one basket but I love food, airlines, hotels and restaurants. They have more legs. Still we find attractive companies globally in above areas.
By the way, Tegel is moving on volume.
$1.310$0.020 / 1.55%
Trades 135 Value $1,402,608.09 Volume 1,072,335
Quite a steep looking month, surely it is due for a pullback... happy if it hits 140 before then.