CSL Share Price Collapse - How Much Did You Lose?

CSL’s recent share price collapse stems from its surprise announcement of a major restructure and the Seqirus spin-off. This led to a drop of about 15% in CSL’s share price. How much did you lose in the sell-off? And how long do you think it will take CSL to recover?

Poll Options

  • 72
    $1m+
  • 4
    $1m - $500k
  • 0
    $500k - $300k
  • 1
    $300k - $100k
  • 5
    $100k or less
  • 45
    Nothing

Comments

  • +17

    You only lose if you sell right?

    • +1

      It depends on when did you buy as well.

    • HODL

    • -4

      And depends when you bought AND when you sold or are forced to eventually sell to cut your loses.

      The truth is that CSL is in a long term down trend.

      The price today is $2.15

      Its been going down, down, down over the last 12 months when it was $3.07

      Even if you purchased for $2.33 when it last bottomed in October 2023 you would still be losing money today.

      Dividend yield is a terrible 1.47% so no reason to hold

      • Is your decimal point in the right place there? I'm looking tonight at a share price of $215.71, 100x what you're quoting.

  • +1

    Buy the dip.

    • +7

      As long as you buy the corn chips.

    • -1

      CSL peaked at $336 back in Feb 2020.

      Thats a long time ago.

      So its in currently in long term downtrend.

      The price today of $2.15 is the lowest its been since 2019 when it was in a strong uptrend.

      So tenpercent, where is the bottom???? At what price would you buy?

      • I wouldn't consider 5 years 'long term'. I bought long before the period you mentioned, so I'm sitting pretty.

        So tenpercent, where is the bottom????

        🔮 It is at some point in the future or in the past.

  • +2

    Buy Buy Buy

  • +15

    buy high, sell dip…this is how I became millionaire from billionaire

  • +1

    5% more and I will exercise my put! Burn baby burn!

  • +6

    It's higher than 2019 levels despite the extreme fud comming out of the US.

    You call this a "collapse"?

    Lol

    • +1

      I guess some people are classifying it as collapse as its down 30% in one year while ASX200 is up 10 percent in the same year. Buy yeah I agree nothing to worry about long terms investors.

  • im buying LLC i reckon that is the next re rate

    • Why do you think that…is it because if their divestment strategy? I do have them in my watchlist for a long time now but not sure if they reached their bottom.

      • +1

        Have a look at their recent report. I got in 5.25 Full disclousure.

        • Going under a restructuring, Sell off non performing assets
        • lower interest rates on the card.
        • Double bottom
        • MGR, SGP CHC, CNI all have reached new 52 weeks high.
        • Stock currently sitting at GFC prices & Paying dividend

        This is my punt after AMP bought at 1.25 ( After trump messy april) sold at 1.65 haha sold myself a bit short

        • +1

          Other interesting wild stuff i am in

          • NXT in at 14.45 see if it can break out similar to (DTL, HUB, TNE)
          • SXE and MYG (data center optic fibre sort of industry)
          • VRS ( 5 cent)
          • @George Washington: Not sure about VRS but other 2 are good bets

          • @George Washington: Hopefully you never lie, wait that's Abe Lincoln..
            Oh well I'll put some cash on the wild things that I found on the OzB forums..
            If you had to choose at this point of the 3 MYG, SXE or VRS which one should I put some change into?

            I feel like gambling this morning

        • You did well with AMP, i have taken a loss on them before and vowed to never go there again.
          As for LLC you make good points, good luck to you. I think they will go below $5 before they start trending up

  • +1

    I sold at $30.96.

    I'd just got into investing in shares, and my brother was a day trader. He'd give me tips, and if I thought a share was a keeper, I'd invest.
    I found it stressful and more like gambling than investing. After a dip, I waited for a recovery on each stock and sold out.
    I kept a couple of stocks. CSL def should have been a keeper.

    ETFs for me now.

  • +1

    I made money by buying the dip and selling a few days later. Easy.

  • -3

    Wongbanese now given csl to Iran!

    Seen some cba shares trading for 80 bucks!!!
    https://www.youtube.com/watch?v=jYXwbndnLBU&t=56s

  • +1

    I brought on the after the fall, so lost nothing. Isn't that what you're supposed to do? Buy low, sell high?
    As for a recovery, it's arguably still overvalued - depends on who you ask - but I wouldn't expect it to increase substantially in the near term.

  • -1

    looks like 23 shareholders and 100 button pushers on this forum?

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