So here are a couple of scenarios that could have been applied if one was to trust the analysis & had a modest 10k to play with.
Option 1. Buy 83,104 shares yesterday at .12 & place a sell order at .14. Sit back & wait.
Result $1600 profit for a 16% return
Option 2. Buy 83,104 shares yesterday at .12 & place a partial sell order of 71,625 shares at .14 to recover the initial outlay.
Result. Return of your $10k & holding 11,479 shares.
Rinse an repeat.
So here are a couple of scenarios that could have been applied...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $175.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $127.9K | 1.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1031649 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 317072 | 9 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.8¢ | 12.5¢ | 580229 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| AGY (ASX) Chart |