say you got $10k free cash to buy now @10c you could buy 100k shares say prior to next announcement (East. Laverton assay) price is still at 10c 50% chance that the price will go up and 50% go down and say you are able to buy at recent high 15.5c or recent low 9.2c then you're expected to get 86,605 shares which is less than what you could get if "buy now" imo, when looking at the s/p level the downside risk is limited comparing to upside potential
if one choose to "buy later" then he will think should I wait for the price to drop further to buy if price drop or should I wait for the price to pull back a bit to buy if price goes up. so the optimal decision is "buy now".
if today's price level is at/near all time high, then the optimal decision would be "buy later" imo.
MTM Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)