most people would care if they bought in now instead of at $5. For every $10k, I could get 6,666 shares now. At $5 I would only get 2,000 shares. Yes, there is opportunity cost, but that’s a risk I’d be willing to take. Research done here and not all of us are as lucky as you getting inside information.
If, and I say if, it gets to $30, every 6,666 shares would be worth $200,000, instead of $60,000 if purchased $10k worth at $5. I’d be much happier with an extra $140k for every $10k I put in now.
this obviously doesn’t take into account any money made elsewhere increasing buy in capacity at $5, but as I said earlier, not all of us are as lucky as you with your information.
RAC - Charts & Price Action, page-20476
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Last
$1.70 |
Change
0.090(5.59%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.76 | $1.59 | $142.7K | 84.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17175 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 6060 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |