So just a thought. Imagine you know a company is very undervalued and has been hammered by the market. You know that you could make 100% on your money in time, would you then load up at say 35-40c and I mean load up. Then as you have a large amount sitting at crazy prices and you know that the SOI is low and top 20 holders are solid, does that then give you the opportunity to buy on the way up say $50k worth knowing that it will hardly effect your avg but add 20-50% on your large holding and you get to see some really green numbers as you do it. Just asking for a friend as I believe that is exactly what he did on another stock.......that's one way of investing, but certainly not advice for people to follow. Seems crazy to me
So just a thought. Imagine you know a company is very...
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Last
41.5¢ |
Change
-0.015(3.49%) |
Mkt cap ! $37.68M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 48.0¢ | 41.5¢ | $72.38K | 160.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 939 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 289 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PPK (ASX) Chart |