@Hingdog Agreed with your understanding of the time value of money but the main * to that is the cavate that you make those kind of returns.
You could also run the risk of losing your money and instead of $2.50 it becomes $0.73. Such as the reality for WR1 holders in the past 12 months
Yes, if the SP jumped to $2.50 tomorrow, it would mean that most holders would exit and everyone would have significantly more capital.
My issue and why its not just stupid but a dangerous comment is that in either instance he is implying that $2.50 is guaranteed to be worth $4 in 3 years.
1.) If hes talking about inflation (which I think he is), it would suddenly need to go to 15% a year in the next few months, with no stimulus, savings and while rates are somewhat high.
2.) 60% in 3 years, which isn't infeasible but completely omits the risks. If we got $2.50 tomorrow and someone went into something like a C1X or a OM1 like Kev did at peaks. They would be down 75% in a few months, with very little change of a remedy. Which would mean they would have more money had they just held the shares at the current price.
This is the pure greed play and I have no doubt, holders like Kevin would jump at doing that the first chance they got.
I prefer knowing my money will appreciate over time. Yes, I won't be the richest here or even the closest. But I prefer always knowing that each dollar I invest, when I go to take it out of the market is will be worth alot more. Even if it takes 3-4 years.
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21739 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 35000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21739 | 0.230 |
2 | 32400 | 0.215 |
3 | 72524 | 0.210 |
5 | 163626 | 0.205 |
11 | 243490 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 35000 | 2 |
0.225 | 15360 | 2 |
0.230 | 78394 | 2 |
0.235 | 58073 | 4 |
0.240 | 75000 | 2 |
Last trade - 09.45am 15/07/2025 (20 minute delay) ? |
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