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Double in 10 years I make to be about 7% compound return. I'd...

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Old Engineer

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25/03/19

12:25

Post #: 37873055
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Originally posted by edghoyue: ↑

Personally, the attractive pricing of the SPP is a definite go for me.

I'm with CommSec, and so if I wanted the BEST brokerage deal in terms of % paid for my investment, I would need to put in $9,999 (brokerage = 0.1995%) or put in $24,999 (brokerage = 0.1198%). Where the latter is not an option for comparison with the SPP terms. If I compare a $1000 investment, the brokerage = 1.0% and that's not ideal for me.

So, yes I might be risking my capital too early, sitting with APX for the next 2 weeks, but overall I feel the deal I get in the long-term is better, especially since a very likely scale-back would not enable me to compare with the brokerage fees I would be charged.

But to each there own... I think APX is long-term easily double figure MC company within the next 5-10 years easy.

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Double in 10 years I make to be about 7% compound return. I'd hope to do better than that.

APX Price at posting: $22.36 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.97		Change 0.100(5.35%)		Mkt cap ! $439.4M

Open	High	Low	Value	Volume
$1.91	$2.02	$1.86	$21.01M	10.88M

Buyers (Bids)

No.	Vol.	Price($)
1	40	$1.97

Sellers (Offers)

Price($)	Vol.	No.
$1.98	3934	1

View Market Depth

No.	Vol.	Price($)
1	40	1.970
1	5000	1.965
1	600	1.960
1	1990	1.955
1	4500	1.950

Price($)	Vol.	No.
1.985	20000	1
2.000	34500	2
2.010	23623	5
2.020	31067	5
2.030	17200	3

Last trade - 16.10pm 27/09/2024 (20 minute delay)

APX (ASX) Chart

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