You're holding a Pooled Development Fund, guys.
The same features that make it a fantastic spec for daytraders (tax free gains! No minimum hold time for thoe gains!) during the rise, make it a shitty hold because you're entirely reliant on daytrader sentiment to rise.
Worse, a PDF is required to sell its golden-egg members once they cross certain business maturity and MktCap metrics.
And unlike almost every other structure on the Market, those red numbers aren't offsettable against other movement in your portfolio.
If you sell,
If you've bought at higher than the current SP, your choices are baghold hoping for profit until someone else wants to buy your holding, or accept the fact that the red numbers in your PF are the concrete "this will hit me right in the personal equity" kind.
Expose your portfolio to unique financial instrument risks, suffer unique risks..
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $23.44M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.1¢ | $0 | 9 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 102040 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 176830 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 102040 | 0.049 |
3 | 84364 | 0.048 |
3 | 270000 | 0.047 |
1 | 21688 | 0.046 |
3 | 87222 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 176830 | 3 |
0.052 | 199817 | 2 |
0.054 | 100000 | 1 |
0.055 | 57738 | 2 |
0.060 | 315000 | 2 |
Last trade - 11.30am 05/11/2024 (20 minute delay) ? |
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