would it make sense to buy $516 worth and sell $500 worth straight away in order to hold one share, and therefore avoiding losses on the anticipated drop tomorrow?
if the share price drops by more than 5% on monday it would make doing this worthwhile to cover a brokerage cost of $20.
i know its only small numbers, and the opportunity is now gone, but is my logic correct?
would it make sense to buy $516 worth and sell $500 worth...
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Last
$28.16 |
Change
-0.440(1.54%) |
Mkt cap ! $4.306B | |||
| Open | High | Low | Value | Volume |
| $28.48 | $28.61 | $28.13 | $6.951M | 246.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16900 | $28.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.27 | 567 | 1 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BKW (ASX) Chart |