VRC 0.00% 0.4¢ volt resources limited

Ann: Prospectus Lodged for Approval of Mauritian Note Issue, page-114

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 71 Posts.
    lightbulb Created with Sketch. 69
    Haha, perhaps the dice analogy isn't quite perfect. I mean, split a hypothetical portfolio across ten investments with those odds. Chance of all ten failing is 1 in 1024. But if 5 are successes on this level, you make a fivefold gain, even allowing for 100% losses on the other five.

    It's very academic of course, the range of possible outcomes is much less binary, and there's the tricky business of finding stocks that fit these sorts of odds. I would also suspect a rather greater than 10-fold gain if VRC realises its full potential. That's a big if of course, but that's the nature of the beast. You don't get explosive growth without risk.

    The key point is this: you can only lose the value of your initial investment. If the upside is very large, it is acceptable for the chance of success to be relatively lower, provided you have ample diversity, of course.
 
watchlist Created with Sketch. Add VRC (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $16.63M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $1.609K 402.1K

Buyers (Bids)

No. Vol. Price($)
2 191449 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 17437040 24
View Market Depth
Last trade - 11.25am 08/11/2024 (20 minute delay) ?
VRC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.