agiotage..
ok for those who bought $15K (45,454 shares) during the SPP at 33c, lets work it out.
Recently the stock went dow to say 16c, meaning the SPP trade was down to $7,272 (Loss $7,728).
Now its around avg 22c, (trades btwn 20-25c)... You sell that SPP holding @ 22c = $10,000.
That will give you a NET loss of $5,000
REINVEST the $10,000 (from the sell made today) and buy back in at 16c (giveing you 62,500 shares).
Then when the stock hits 24c, you make $5,000 PROFIT and have got all your money back from the SPP (without the need for the stock to hit SPP price of 33c).
- Forums
- ASX - By Stock
- KOR
- take profit at 21 and get back in at 16-17
take profit at 21 and get back in at 16-17, page-7
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.936M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KOR (ASX) Chart |
Day chart unavailable