If I offered you 2:1 on a coin flip, you should take that bet all day long, Despite the fact that 50% of the time you will lose 100% of your bet.
It is very sensible provided you bet the right amount, i:e position size.
Ann: Funds Under Management - October 2022, page-18
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Last
$1.06 |
Change
-0.015(1.40%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.07 | $1.05 | $2.774M | 2.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 135694 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 42452 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PTM (ASX) Chart |