IHL 0.00% 4.1¢ incannex healthcare limited

General discussion, page-16120

  1. 415 Posts.
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    Hey Ringo

    If you buy $10,000 worth of shares at $0.10 per share, you will get 100,000 shares. If the price of the asset increases to $5, your shares would then be worth $500,000.
    If you buy $10,000 worth of shares at $0.105 per share, you will get approximately 95,238 shares (rounded down to the nearest whole share since you can't own a fraction of a share). If the price of the asset increases to $5, your shares would then be worth about $476,190.

    So, the difference in the two scenarios is about $23,810. Even though the initial difference in purchase price per share was only half a cent, the effect of that difference is magnified because you're buying a large number of shares and the price is increasing significantly. This is why even small differences in purchase price can matter, especially when investing large amounts and expecting a large increase in price.

    Treat your dollar like it is your last one.


    Good luck mate
 
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