I don't want to be negative here and wish all investors good luck, I'm just trying to understand why there's so much euphoria here. The COS is indeed extraordinarily high with 55% (which again means that there is still a 45% risk of failure), but the price should only triple in the event of success, almost as if you bet on red or black in the casino. Wouldn't it be better and more logical to invest (less) money in an Explorer with a smaller COS but with a much higher profit in case of success?
The odds must be greater than 50, page-5
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Last
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $47.59M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 51.5¢ | $7.587K | 14.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2707 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 67 | 1 |
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| Last trade - 10.42am 10/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |