MAY 3.13% 3.3¢ melbana energy limited

Wooo Hoooo Go MAY :)$$$$$$$, page-1784

  1. 7,882 Posts.
    lightbulb Created with Sketch. 1025
    It means that his position is 7 million shares. If his average buy-in is 10.5 cents, at 3.5 cents he is down 7 cents, which is a loss of $490,000.

    To put that number in context -

    (i) A Lamborghini Performante retails for $465,876 in Australia; or

    (ii) Roch makes circa $500,000 a week trading MAY.

    (take your pick as to which comparison is more appropriate).

    Regards
    Kit


 
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