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
$25.23 |
Change
-0.340(1.33%) |
Mkt cap ! $3.848B | |||
| Open | High | Low | Value | Volume |
| $25.50 | $25.57 | $24.93 | $10.28M | 407.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $25.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.23 | 299 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BKW (ASX) Chart |