So here are a couple of scenarios that could have been applied if one was to trust the analysis & had a modest 10k to play with.
Option 1. Buy 83,104 shares yesterday at .12 & place a sell order at .14. Sit back & wait.
Result $1600 profit for a 16% return
Option 2. Buy 83,104 shares yesterday at .12 & place a partial sell order of 71,625 shares at .14 to recover the initial outlay.
Result. Return of your $10k & holding 11,479 shares.
Rinse an repeat.
So here are a couple of scenarios that could have been applied...
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $168.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $134.1K | 1.098M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1085577 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 197251 | 5 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.0¢ |
Change
0.000 ( 2.76 %) |
||||
| Open | High | Low | Volume | ||
| 12.3¢ | 12.5¢ | 12.0¢ | 631063 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| AGY (ASX) Chart |