I think it's called churning. The more turnover of shares, the greater the brokerage and the advice charges collected by them. I still know people who believe financial advisors work in their clients' imterest. How quaint and funny is that?
lol
Well done for not selling FMG nor LTR.
My friend was told by his fin.advisor LTR was woth no more than 90 cents. So when it reached $1.55 he sold, believing he has dpne very well.
Interesting how we may be delighted by such a price at the time, but should the price reach $2 in a couple of months/weeks, then we quickly feel sad when failing to get that additional 30% plus gain plus the freebies.
He made the decision and told me afterwards.
The future of LTR will speak for itself.
I think it's called churning. The more turnover of shares,...
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Last
$1.24 |
Change
0.015(1.22%) |
Mkt cap ! $3.006B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $8.241M | 6.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87470 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 43680 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.015 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| $1.24 | $1.26 | $1.23 | 2072730 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LTR (ASX) Chart |