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08/07/20
10:56
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Originally posted by brahms:
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Very quiet here for a share that is enjoying it's 15 minutes of fame. Well I hope it's longer than that. It's nice to dream about if wrm reached $1, doesn't take a lot to make me feel rich. But post consolidation that would have to be $100. Depends what they find I suppose. Been wondering about the maths of scaling back the spp taking both shareholding and application amount into account and think I've worked out a satisfactory algorithm but though it's not complicated it's too complicated to want to try to put into words. But, it raises the question for me, are shareholding and application amount given equal weigh? eg does someone with 1,000,000 shares who applies for $3000 get treated the same as someone with 100,000 shares who applies for $30000? Probably never know.
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Good question. And if I sold my existing shares now to lock in a profit, would they then turn nasty and scale back my allocation? Not that I'm planning to, my greed is outweighing my fear at the moment.