redcorduroy ,,,
even if as u say..i do got my $60K entitlement...and the price crashes...AS LONG AS ITS BOUT 50C..thats bout $6,500 PROFIT.
I do NOT look at the current price to compare how much profit...
I look at the ISSUE price.
This instance, issue price is 43c, so for every 4.3c ..its 10%
So if it falls to 48.5c, its still a 10% profit or $6,000 on a full allocation theory
PS. I have now sold out of all 4 HIN's today...made a loss of $115 in total. . HOWEVER, I am now entitlted to the SPP under all 4 HIN'S
spp on market now closed, page-8
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