Not sure if your maths adds up.
$10k @ 3c = 333,333 shares. 333,333 shares @ 16c = $53.3k
$10k @ 3.5c = 285,714 shares. 285,714 shares @ 16c = $45.7k
Options = 95,238 shares @ 5.5c = $5.2k additional investment. @ 16c = $15.2k.
So, net return of $43.3k buying on market vs $45.7k buying through the offer = $2.4k better off.
So, for you to make $2.4k you need to contribute an additional five grand and wait for the share price to appreciate by over 400%.
Not a great deal IMO
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.86M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.6¢ | $20.13K | 429.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16402 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 372500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16402 | 0.046 |
1 | 65168 | 0.045 |
1 | 127458 | 0.044 |
1 | 122895 | 0.042 |
1 | 100000 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 372500 | 2 |
0.052 | 59000 | 1 |
0.059 | 95632 | 2 |
0.060 | 194947 | 3 |
0.067 | 50000 | 1 |
Last trade - 15.33pm 23/07/2024 (20 minute delay) ? |
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