Volatility bounce are indeed a thing.
PDFs as market-survivors and solid investments don't exactly have the greatest history, btw.
Guess how many have been listed, guess how many have remained listed.
https://business.gov.au/grants-and-programs/pooled-development-funds/list-of-pooled-development-funds
Tax free investment vehicle
No minimum hold time for tax-free gains
Exponential curve
Extreme concentration risk
Enforced divestment from winners fund members
Director sell-off over the past few months
No fundamentals
Losses are non-offsettable
Take your pick as to why they're a risky investment, but most daytraders won't look past the first two, because they know they can exit before the later four become a problem.
IE: if you bought lower than SP you can step off at any point with no penalty if you've already made your money.
When its crashing fast, why even bother staying onboard?
You can always buy back your shares cheaper tomorrow, or whenever a new upswing is happening.
- Forums
- ASX - By Stock
- future movement
Volatility bounce are indeed a thing.PDFs as market-survivors...
-
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SOR (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.97M |
Open | High | Low | Value | Volume |
4.7¢ | 4.9¢ | 4.6¢ | $12.50K | 270.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 68565 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 160802 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 68565 | 0.046 |
3 | 183379 | 0.045 |
1 | 25000 | 0.044 |
3 | 266279 | 0.043 |
3 | 181047 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 160802 | 3 |
0.051 | 85891 | 2 |
0.053 | 50000 | 1 |
0.055 | 8389 | 2 |
0.059 | 55000 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
SOR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online