There sure are certain dips with this stock and today seems to be another.
Will it rise or fall while we wait? Plenty feel depressed or frustrated while this dips occur calling for blood or action, so I thought it was time to play a game -hypothetical.
I noticed a buyer was able to purchase 150,000 shares at 11c today. Clever ? Only time will tell.
Let's assume this person borrowed the money off a line of credit at 5.35%.
We will also assume that brokerage was about $50.00, so the purchase cost would be around $16,550
The interest on this (tax deductible-please check with your financial advisor ;) would be around $75.00 per month.
So, what would you do?
1c rise would give you $1400.00 profit - the interest
2c rise would give you $2900.00 profit - the interest.
etc.
Would you set a short term goal within a few days or few weeks and sell at say 12.5c or wait till a run until 16c and make $7,500, possibly within 2 months
Do you sell out if it hits sub 10c or ride it out until the rise?
Could be some extra x-mas money whilst we all wait?
Of course this is all hypothetical for some fun.
Any takers?
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.923M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $3.461K | 1.175M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 101062608 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20323507 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 101062608 | 0.002 |
25 | 74850508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 20323507 | 8 |
0.004 | 23563670 | 20 |
0.005 | 27709765 | 14 |
0.006 | 19365067 | 10 |
0.007 | 9365221 | 8 |
Last trade - 15.44pm 16/07/2024 (20 minute delay) ? |
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