ETF What happens when an ETF price goes to zero?

Discussion in 'Shares & Funds' started by devank, 22nd Apr, 2020.

Join Australia's most dynamic and respected property investment community
Tags:
Page 2 of 2
  1. devank

    devank Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,670
    Location:
    Inner West - Sydney
    My little gamble paid off. OOO is about $4 now. About 50% profit.
    On the other side of the spectrum, I'm holding A40 which is worthless now.
    Shares are like a box of chocolates. You never know what you're gonna get :p
     
    devank, 9th Jun, 2020
    #21
    Frosty123 likes this.
  2. Frosty123

    Frosty123 Well-Known Member

    Joined:
    12th Nov, 2015
    Posts:
    244
    Location:
    VIC
    I purchased some at $2.90
    Trying to decide whether I just sell now, or take the risky ride along until next year.
     
    Frosty123, 9th Jun, 2020
    #22
  3. devank

    devank Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,670
    Location:
    Inner West - Sydney
    Depends on the size of it.
    If it is a large amount then I would realise a portion of it.

    upload_2020-6-9_20-12-19.png

    To me, the potential profit outweighs the risk. Based on the graph alone (I have no fundamental knowledge) I would sell around the $6 mark (blue).
     

    Attached Files:

    Last edited: 9th Jun, 2020
    devank, 9th Jun, 2020
    #23
Page 2 of 2