AKK 0.00% 0.3¢ austin exploration limited

It works both waysUsing your example (a bank of $30K to...

  1. 155 Posts.
    It works both ways

    Using your example (a bank of $30K to invest)

    a.) I buy 1,000,000 AKK @ 3.0c = $30,000

    b.) I buy 5,000,000 AKKOA @ 0.6c = $30,000

    In one years time AKK is trading at 6cc...I decide to sell!!!

    Example a.) 100,000 AKK heads now worth
    1,000,000 x 6c = $ 60,000.
    So nett profit equals 650,000 - $30,000 = $30,000.

    Example b.) AKKOA now worth 0.5c (6c-5.5c = 0.5c)
    5,000,000 AKKOA x 0.5c = $25,000
    So nett loss equals $25,000 - $30,000 = $ - 5000

 
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