Since average mortgage is around million plus, it means you made a million profit after taxes from selling MSB.
Assuming you bought at 32c and sold at 95c (triple), and minus 45 percent short term CGT, it means you sold MSB for $1.5 million.
Plus you have some leftovers.
So you invested over $500K in your first investment because a friend told you to.
Sure, OK.
Next price sensitive announcement MSB, page-23
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Last
94.0¢ |
Change
-0.060(6.00%) |
Mkt cap ! $1.073B | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.5¢ | 93.5¢ | $5.643M | 5.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 72266 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 20000 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |