Good point, but let’s look at the opportunity the oppies present where an equivalent value for SRN of 50.5¢ could be achieved if/ when the sp hits 12¢.
This is how it works. Joe and Harry both decide to invest $2k each in Surefire, but, whereas Joe buys 200k SRN at 1¢ each, Harry has more of an appetite for risk, so he buys 1m SRNOD at .02¢ each.
Wind the clock forward several months and the sp hits 12¢. This is how both investors fared:
Joe’s $2,000 investment is now valued at $24,000. Harry, on the other hand, has made an absolute killing. If he sells his 1m oppies for true value, he’ll pocket $101,000.
For Joe to make $99,000 profit on his 200,000 shares, SRN would need to be trading at 50.5¢.
Please note that this is not investment advice.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.90M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $23.58K | 3.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 13824425 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 102381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 13824425 | 0.006 |
15 | 9888040 | 0.005 |
13 | 13730101 | 0.004 |
4 | 4280000 | 0.003 |
5 | 5880000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 102381 | 1 |
0.008 | 9980509 | 13 |
0.009 | 2022680 | 3 |
0.010 | 5589325 | 15 |
0.011 | 4327818 | 6 |
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