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
$1.18 |
Change
0.015(1.29%) |
Mkt cap ! $1.347B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.20 | $1.15 | $4.551M | 3.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 98246 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 19079 | 2 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |