RPM 4.94% 7.7¢ rpm automotive group limited

$1000 invested 1 year ago now worth $167, page-22

  1. 1,387 Posts.
    yeah red,

    For mine, it flipped to a capitol managment strategy change.

    i was holding an equivalent margin position with ndo,(55% lending) but the exposure to failure, we have already seen how the market reacts.

    (the shift in margin position, was already greater than the KIKO holding, so even a movement on NDO like we had, i would lose more than what my stake in KIKO is, hence the total loss of kiko, is less than the NDO margin swing)

    Luckily for mine, i exited NDO prior to the pull back with profits in hand.

    With KIKO i can get the same upside, and limit the loss to the initial principal, that needs to be only 1.4/10 as large. (with same sp target for both NDO and KIKO)
 
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Last
7.7¢
Change
-0.004(4.94%)
Mkt cap ! $19.42M
Open High Low Value Volume
8.1¢ 8.1¢ 7.5¢ $42.01K 531.8K

Buyers (Bids)

No. Vol. Price($)
1 8000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 40000 1
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Last trade - 12.16pm 18/11/2024 (20 minute delay) ?
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