I just thought I do some quick maths...
I don't short, but MR 3% provided this:
Formed a short position at $3.02, closed at $2.70
So, he made a profit of 11%
Was that lucky, or was that experience - who knows. To me, it was a risky play that turned out well, but - just to get 11% gain
Whilst all of the LT holders, can book in value from start of year of $2.08 to $2.77, that 33%, without much stress, given the expected news... and we are still in for more gains
Each to their own, but I prefer the long game
MSB Trading - 2020, page-2503
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Last
$1.28 |
Change
-0.030(2.29%) |
Mkt cap ! $1.461B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.35 | $1.28 | $1.677M | 1.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 44452 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 23596 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |