Jay,
You are missing the point.
Short 1M ADO at 6c ($60K). Buy 1M ADOO at 3.8c ($38K). Convert the ADOO ($12K) to ADO to close out the short. Instant $10K profit (minus any interest on the short paid).
Money for Jam.
Jay,You are missing the point.Short 1M ADO at 6c ($60K). Buy 1M...
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 (20min delay)
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $62.24M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.5¢ | $50.59K | 1.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1119999 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 139584 | 1 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| ADO (ASX) Chart |