If I offered you 2:1 on a coin flip, you should take that bet all day long, Despite the fact that 50% of the time you will lose 100% of your bet.
It is very sensible provided you bet the right amount, i:e position size.
Ann: Funds Under Management - October 2022, page-18
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Last
$1.05 |
Change
-0.005(0.47%) |
Mkt cap ! $611.2M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.07 | $1.05 | $1.623M | 1.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 22007 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 5599 | 3 |
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| PTM (ASX) Chart |