maths doesn't work that way, if SP go down 50% then back up, and you bought at the low, the profit will be 100%.
So SP doesn't need to go down 50% to make 50% profit. Also kingharris mentioned SP went down to 4.9c
cheers
Running commentary on the SP price, page-889
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $348 | 173.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 76199478 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 65667448 | 49 |
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| LPD (ASX) Chart |