VUL 2.37% $4.54 vulcan energy resources limited

Ann: Equity Raising Presentation, page-33

  1. 1,877 Posts.
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    Here is the trap Brokenandhungry.

    In the situation you mentioned above is where you picked the top or bottom of a market perfectly.

    Lets say you had 1000 shares at $1.00.

    Mrs Retail A buys 500 ($500)
    Ms Retail B buy 498 ($498)

    Then the share price moves down to $0.99 and continues downward.

    You order remains open @$1.00 for the last 2 shares you had in the order.

    If you wait it out then you will pay the broker (for example) $20.00 for the trade, even if it takes 6 months to complete. HOWEVER, if you change or amend the order, often they will charge you a further $20.00. This effectively means you have made an $18.00 loss on a trade of $1.98.

    Hope that makes sense.

    The wordage in written form seems far more complicated than if we were talking face to face.
 
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