Doing a little exercise this morning on the Lloyds website. Going to the order page I ordered 10000 units. The counter told me at 6.27am Qld time l could order a max of 9923 units. By 6.47am I could only order a max of 9801.
The time in the UK was 9.30pm.
Simple arithmetic indicates in round figures over 350 units selling per hr. Assuming it sells for 12hrs/day at that rate it equates to 120k units/month and also assuming a profit margin of $10AU / unit thats $1.2m / mth.
Considering it's only been on market for a few days and UK is the launch pad for Europe then this looks exciting.
Bet lots of you will now be doing the same thing !!!
All of course if Lloyd's units available is accurate and l see no reason why not.
Doing a little exercise this morning on the Lloyds website....
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $51.50M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $9.147K | 76.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 532267 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 12500 | 1 |
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| Last trade - 15.42pm 06/05/2024 (20 minute delay) ? |
| SPL (ASX) Chart |