article in the australian, page-6

  1. 2,499 Posts.
    lightbulb Created with Sketch. 5
    exactly my sentiments also thrumyeyes and i hope tp does not mind my quoting him

    "Some interesting maths...

    You invest $50k at $6...you get 8,333 shares.

    Price drops to 20c...

    You cry...then...you invest another $50k at 50c (av)...you get another 100,000 shares.

    You have now invested $100k to buy 108,333 shares...and your new break even price is around 92c.

    I suggest this will be the average pressure point for upside resistance, with early buyers looking at a lower exit range and later buyers looking a little higher."

    I would also add that perhaps some have already achieved their objective here if they bought at 23.5c and in fact would be moving into a large profit at over 60c
 
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