I’d thought about when I free up $30k soon whether to buy on market or in the SPP. But if I put $30k On market I’d get maybe a few thousand extra shares at best if I got in at 35c or 34c. If everyone had this mentality we’d have a few thousand extra shares each in a company that only has approx $15m in the bank. Or I could sacrifice the extra few thousand shares and buy in the SPP at 36c which now I have basically the same amount of shares anyway in a company with approx $35-$40m in the bank.
I know which I’d rather have and which will give my money greater potential long term and mid term (short term too looking attractive). So I’m buying in the SPP even if the market is slightly lower because that sacrifice of measley 3k-ish shares will go towards providing money to build this company in a monster like manner over the next year. That sits better with me and will make way more money in the end than the extra few thousand shares would even multiple dollars from here. Best of luck to all next month either way.
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Mkt cap ! $119.0M |
Open | High | Low | Value | Volume |
10.5¢ | 10.8¢ | 10.5¢ | $84.45K | 803.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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13 | 681137 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.0¢ | 714240 | 8 |
View Market Depth
No. | Vol. | Price($) |
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13 | 681137 | 0.105 |
34 | 1604254 | 0.100 |
3 | 516000 | 0.099 |
3 | 45702 | 0.098 |
3 | 80936 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 714240 | 8 |
0.115 | 80000 | 3 |
0.120 | 453331 | 13 |
0.125 | 406800 | 7 |
0.130 | 207455 | 6 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last updated 15.47pm 28/05/2024 ? |
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