OK clearer now.
Does not work if expectation is 25C for a non BN win. If however the expectation was 40C for an opposition win then there is an opportunity to make $, as follows
A) Buy $100,000 LYC @ 48C, if BP win = profit of $30,000.
B) bet $18,000 (with bookies at 13/10).
If BN win then you have lost the $18k bet, but made $30k on the shares so net profit on the deal of $12k.
Else, you will have lost $20K on the shares but won $23K on the bet = profit of $3k.
Hmm... depends on your view of the downside VsV the upside.
Just for fun but one should always play the odds.
- Forums
- ASX - By Stock
- LYC
- sp prediction win/loss malaysian elections
sp prediction win/loss malaysian elections, page-6
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B |
Open | High | Low | Value | Volume |
$6.00 | $6.10 | $5.97 | $26.46M | 4.378M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 849 | $6.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.07 | 10260 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 849 | 6.050 |
2 | 33039 | 6.040 |
3 | 18377 | 6.030 |
3 | 9542 | 6.020 |
1 | 249 | 6.010 |
Price($) | Vol. | No. |
---|---|---|
6.070 | 10260 | 1 |
6.080 | 3803 | 1 |
6.090 | 3000 | 1 |
6.100 | 26732 | 8 |
6.110 | 15353 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |