Best done when you know you have bought at a very low price. Means you can get dividends of >1000% down the line.
Not so good done with blue chips or well-established companies as @1ronnie has been pointing out on his thread.
Its why I said no to the idea of a 700% gain which is a small % of my expected long term gain.
Long Term Investor, page-2
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $525 | 5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 1856637 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 162499 | 3 |
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| Last trade - 10.04am 03/10/2024 (20 minute delay) ? |
| LIN (ASX) Chart |