IBX 0.00% 7.4¢ imagion biosystems limited

I am not sure if I am right for those who sold their shares this...

  1. 125 Posts.
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    I am not sure if I am right for those who sold their shares this morning @5c:
    eg. sold 100,000 shares @5c, = $5000

    1) if you bought @1c, 100,000 shares = $1000 in March
    Profit $4000, tax ~$1500
    Net gain ~$2500
    Cash in hand ~= $3500
    If you want to jump in again when it further fall, in order to buy 100,000 shares again it has to below @3.5c.

    2) if you bought @2c, 100,000 shares = $2000
    Profit $3000, tax ~$1150
    Net gain ~$1850,
    Cash in hand ~= $3850
    If you want to jump in again when it further fall, in order to buy 100,000 shares again it has to below @3.85c.

    Unless you are looking into other biotech stocks, otherwise not sure it is right to sell this morning?
    Last edited by ManUtdFans: 31/07/20
 
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