I suppose that works if he can get the 150K at 0.28c. I suppose there are a few tax issues to be considered as well.
If that is the case he made 2c per share on 150k ,$3000 and he may have a tax bill of (30c-20c)X 150000 X 45% = $6750
Julia needs it I suppose, so it wont go to waste.haha
meanwhile .... food for thought ..., page-2
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $569.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $1.746M | 4.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7395 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 94636 | 3 |
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| IMM (ASX) Chart |