I think some of you forgot how money are being made. They are made initially by issuing new debt. Banks are lending for houses. Some of this newly created money (deposited to the seller of the house) leak to economy and salaries. Then some of the remaining money from salaries goes to stocks. Whoever bought cheap and sold for more - takes the money of the person who bought in later (like myself). These money are not being created by the company! Nor they are going to the company! Except dividends and capital raising. And market cap is just on paper. If all of us will try to sell it tomorrow, we will never get all. Because this money does not exist. There is no $1.05 for each AJX share in the world!
Sorry for off topic.
Anyway, lost 4% today. Hopefully there will be more new entrants later who will loose their salaries to me!![]()
- Forums
- ASX - By Stock
- Outcome of GM
I think some of you forgot how money are being made. They are...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $0 | 2 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1321409 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 57000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1321409 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 57000 | 1 |
0.010 | 150000 | 2 |
0.011 | 1000000 | 2 |
0.013 | 669958 | 2 |
0.014 | 134311 | 1 |
Last trade - 14.03pm 02/09/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |