Since average mortgage is around million plus, it means you made a million profit after taxes from selling MSB.
Assuming you bought at 32c and sold at 95c (triple), and minus 45 percent short term CGT, it means you sold MSB for $1.5 million.
Plus you have some leftovers.
So you invested over $500K in your first investment because a friend told you to.
Sure, OK.
Next price sensitive announcement MSB, page-23
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |