You guys must be real novices.Averages have nothing to do with it. The decision to make a new investment in the rights issue is just that,....a new investment.So if you buy at 22cents and sell at 25 or 28 or 30, thats called a PROFIT. And thats why we are all here,...not to get emotionally attached to existing holdings that we paid a bit more for.There are a few strategies that can be used to make money in a rights issue case like this but I am not here to teach you how to trade.
Occam
assets and current value, page-12
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $39.44M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 13.5¢ | $119.9K | 836.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28579 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 24827 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |