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149 Posts.
41
18/08/23
16:05
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A couple ways to trade here:
1 : Open leverage short position at 40c and close up position at 20c will give a whopping 250% to 300% profit
2 : Buy ordinary shares at 40c and sell at 80c will give a 100%
In reality , for SP to reach 20c is very very likely , means short sell for 300% profit is possible
For SP to reach 80c is determined as impossible , by looking at both fundamentals and technicals
Holders are burnt so bad with CXO, this means shorts are making huge profit
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