its actually a good way to buy.
For example..you buy $10,000 worth of say BHP at a margin of 70%
Which means you put in $3,000 and they lend you $7,000
BHP rises to $12,000
Your lending value increases to $8,400 (ie 70% of $12,000.
The loan stays at $7000
Therefore, that's less than $8,400 so were all good.
So end result is you can cash in $1400 or buy more BHP shares.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.90 |
Change
0.045(2.43%) |
Mkt cap ! $1.393B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.91 | $1.86 | $6.951M | 3.671M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50587 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 41300 | 4 |
View Market Depth
| Last trade - 16.12pm 15/07/2025 (20 minute delay) ? |
| KAR (ASX) Chart |