IPO Keytone Dairy Corporation ASX:KTD

[Chanchay]

As far as I am concerned this is a long-term hold gone awry.

I can see absolutely no justification for the current share price and have spent a happy hour and a bit reducing my holding significantly.

I am relatively new to investing (although this feels more like trading) and I have learned two valuable lessons in the past hour.


Firstly, The 20 minute delay between depth and what you can google can be significant. I walked from my office to my car (where my laptop was) and the price difference was 10% (74c vs 81c)

Secondly, Set up an ASX account to sell into Before you need to use it. I ended up selling into my NZD account as I watched the price tank in the depth

Days like today I wish I didn't have to have a day job too, I would love to sit and get the most out of my investment, coming to work cost me money today!

[Chanchay]

Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?

[tipsy]

Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?

What did you end up selling for? I'm also looking to buy back in once things have settled down.

My intention was to hold long term and only sold due to the huge gains in such a short space of time.