Mawson West Ltd Ord MWSWF

RE:RE:As of this minute copper is below $2.50

[samsons]

michelleb33 wrote:
don't see 98 k traded as being a weak trading start. Be patient. You will get your bid at 2 cents

The 98k sold into the bid at 2c hence a weak start. It doesn't matter what the asks are if they don't get touched. I admit I'm considering buying my position back but considering between .5c and 1c, maybe 1.25c if copper shows some life in the next month. The shareholders meeting isn't for a month, there is no point buying at 2 when its obviously going lower before it goes up. That's why I sold my position at 3.5c. Yeah I had to take a loss but even if you want to be a long, why hold onto something you can buy back at a fraction of the price before/if it rebounds? I saw this coming at 4.5c and made a bad decision not to sell. I learned a valuable lesson though, we are not sea Captains, there is no point going down with a sinking ship. Sell to save your money and you can buy the exact same thing back later for less money if circumstances change and things look like they might turn around. That change has not yet happened for MWE.