FMG 0.26% $19.55 fortescue ltd

Sure, but it is a point-in-time calculation you are making.If...

  1. 748 Posts.
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    Sure, but it is a point-in-time calculation you are making.

    If you'd invested that $1m on Thursday (i.e. 3 trading days ago) @ $12.20 then you would own 81,967 shares or thereabouts. Currently worth about $896k.

    Not so sure the bank would be happy with loaning that sort of money to just anyone when the risk of a 10% loss of capital in a couple of days is real.
 
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