Thats how a few of them operate and survive as a business ?
No body knows what will happen tomorrow, hence INSTO needs to keep flipping (buy/sell) at 0.5 cents margin. Nothing wrong with that as no body knows tomorrow. As we have seen from Covid, GFC and Dotcom, Market can burst any time.
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My strategy is sample. Some Wait with patience, some times after capital raising there is 90% chances are share will trade below Capital Raising price. It has worked 90% of the time.
Thats how a few of them operate and survive as a business ?No...
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Last
2.8¢ |
Change
-0.002(6.67%) |
Mkt cap ! $18.54M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.8¢ | $17.04K | 587.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 427073 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 115842 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| FBM (ASX) Chart |