This is an example I would like to show you guys since the closing bell already
So put it this way, a person (trader) got at least 80 000 shares or more of PGH and plenty of cash. The person first put 2 orders of buy at 40 000 shares at 0.685 cents.
It will cost the person one order of 40 000 * 0.685 cents = $27 400
Then the person placed the sell order with the volumes of 40 369 at 0.695 cents
So let's do the math
40 000 shares * 0.685 cents = $27 400
40 000 shares * 0.695 cents = $27 800
The person minimum make $400 profit
_________________________________________
So why is the 40 369 shares of sell order? This is where it got complex. The person got at least 80 k shares or more, so I am assuming he wanted to sell extra 369 shares?
So let us ignore 40 k shares example above, here is the real calculation begins. The truth is he wanted to set buy order of
BUY
40 369 shares * .685 = $27 652.77
Then the person wanted to sell at
40 369* .695 = $28 056.45
The person makes the profit of $403.68
_____________________________
Now where is the 369 shares coming from?
369 shares * 0.685 = $252.77
So if the person make $403.68 profit minus $252.77 for 369 shares the person got around $150.91 to cover for brokerage fees for buy and sell order plus any difference associate with middle price between 69 cents and 69.5 cents.
Overall, the person accumulate extra 369 shares. Welcome to AI technology I suppose. Just guessing here
If it fall to 68 cents, 40369 shares * 0.68 = $27 450.92. The person initial cost is $27652.77. So the person lost $201.85
Summary, if the person invested $27 652.77 in PGH shares at 68.5 cents. If it rises to 69.5 cents, the person makes $403.68 profits. If it fall to Ruffy's hand at 68 cents, the personal lost $201.85.
This is my observation by the closing bell.
- Forums
- ASX - By Stock
- PGH
- Ann: Intention to Make Takeover Bid
Ann: Intention to Make Takeover Bid, page-229
Featured News
Add PGH (ASX) to my watchlist
|
|||||
Last
81.0¢ |
Change
0.030(3.85%) |
Mkt cap ! $278.8M |
Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 81.0¢ | $38 | 47 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9794 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9794 | 0.810 |
1 | 7000 | 0.805 |
1 | 800 | 0.780 |
1 | 10000 | 0.765 |
1 | 6266 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 5000 | 1 |
0.835 | 7860 | 1 |
0.840 | 24988 | 1 |
0.845 | 7708 | 2 |
0.850 | 45821 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
PGH (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online