AVB
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0.00% 16.5¢ avanco resources limited

hello line wiper, page-41

  1. Glenn_Archer
    1,284 Posts.
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    22/02/12
    13:21
    Post #: 9732636
    hey guru -

    think it goes like this.

    Buy 1m @ 10c, sell 1m @ 11c. easy 10% gain on the trade

    Brokerage at 0.3% or $600

    Clear $9.4k on the trade. Go up or down by a factor of XXX depending on your capital base.

    Then buy back at 11c, place in the queue at 12c, etc

    repeat ad naseum, liqidity is fantastic too
    AVB Price at posting: 11.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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