Okay let's break this down.
Say I wanted to sell 200000 shares purchased at 1c=$2000. Then I sell Monday 200000 shares at 4.5=9000.
So I clear a profit of $9000-$2000 =$7000.
Now that $7000 is liable for say 30% tax as shares not held for 12 months this is $2100.
Now I have $4900 to buy back in at your price of 3.8c = 128947 shares.
Now I'm 71000 shares worse off in my example with your pricing
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $26.61M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $6.012K | 266.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1746937 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 338314 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| 88E (ASX) Chart |