I have to say this poster’s reasoning eludes me.
One post says $100k available if the price drops to 1.1c. Another says no probs if it doesn’t because I hold at 1.5c and I’ll get out at 2c.
If I honestly believed (which I do) that the share price would reach 2c (in my view a pretty low hanging fruit price) then I wouldn’t be sitting on my $100k and potentially missing out on a juicy trade, on the long odds that an even juicier trade might eventuate.
Especially when the poster says that there’s no way the current share price should be trading as low as it is with a buy back about to start.
Is my thought process wrong here?
I have to say this poster’s reasoning eludes me.One post says...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
View Market Depth
| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |