I have had a margin loan for years - but I don't really use it a lot for share gains. However, it is sometimes handy when a great announcement (usually mining) comes out and I don't have other cash to buy before a price surge.
I usually keep my debt to a minimum but hold enough shares to use the loan as a "line of credit" for such things as tax on capital gains (when I am fortunate enough for that to occur) or some special needs.
Ann: August 2023 Investment Update, page-33
Add WLE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.36 |
Change
0.000(0.00%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.37 | $1.36 | $2.097M | 1.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 23000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WLE (ASX) Chart |