In that case, I would sell out 1/2 when it double in few months, return your parent cash with some interest, and let your profit run it course.
The share price would be trading at 20c or below right now if there is no real demand for the stock.
Unless the market crash, I just cannot see who would be silly enough to take on the SPP and then sell out at 20c or less...
Posters like Sbtt will be wrong this time. I would suggest you to ring up the company today, asking for their perception on the SPP. I am sure you can here their joyful response..
Cheers
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Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 10766666 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 8348848 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 10766666 | 0.003 |
14 | 32360499 | 0.002 |
8 | 65703690 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 8348848 | 11 |
0.005 | 4954391 | 5 |
0.007 | 667557 | 3 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
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