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4.1¢ incannex healthcare limited

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sylau90

1,554 Posts.

207

03/07/23

11:52

Post #: 68586500
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Originally posted by Breakingsystem: ↑

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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I love your calculation and logic here.

And the chances of this company becoming a $5 one is not long now.

Salute!!!

IHL Price at posting: 10.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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