ELD 1.97% $9.33 elders limited

"Since yesterday (100K units was in play) whoever traded it;-...

  1. 500 Posts.
    "Since yesterday (100K units was in play) whoever traded it;
    - best case scenario - loss - $4,000
    - worst case scenario - loss or they are down (if they have not sold it today) - $9,000"

    regularASX,
    I think you refering to me, and i am wondering how did you come up with the above caluclations!!!

    FYI, i traded ELD many times both yesterday and today, so basically you know about one transaction only!

    Yesterday my last transaction was buying at 44.5c and i decided to her hold overnight (i made a mistake lol) and it went down so i had to sell early morning at 41.5c (this was $3000 loss which is better than your best case scenario !!!).

    To sum up, day traders can buy/sell the same share few times during one trading session hence trading volume can be very deceptive sometimes.

    By the way, i have not lost money trading ELD so far! and i will coninue trading it as long as it has the big trading volume and the high volatility!
 
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Last
$9.33
Change
0.180(1.97%)
Mkt cap ! $1.474B
Open High Low Value Volume
$9.14 $9.35 $9.02 $4.178M 453.9K

Buyers (Bids)

No. Vol. Price($)
1 1170 $9.33
 

Sellers (Offers)

Price($) Vol. No.
$9.35 1542 2
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
ELD (ASX) Chart
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