Agreed for speculative stocks, which form 10% of my funds, I take the position of what is the chance of it tripling i.e. 50cents to 1.50 vs halving i.e. 50cents to 25cents in the next 24 months if more than 50% I am going to take those odds. Presently if/when APX is 35cents I think the speculation that it will return to $1 vs 17cents to be in my favor. It would be fairy god mother stuff to believe that 10times ie $5 can be achieved let alone $10. Presently I think ZIP, OPT and SGR are "better" knife catching speculative stocks.
takeover party!!!, page-31
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Last
$2.23 |
Change
-0.100(4.29%) |
Mkt cap ! $500.1M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.45 | $2.22 | $22.71M | 9.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 226326 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| APX (ASX) Chart |