I give u an example about the "5 day weighted average, with the discounted price - or 80% of the weighted avg".
Example...
Cheques have been sent say $10,000 and the following weekthe weighted avg begins
Monday close: 0.029c
Tuesday close: 0.030c
Wed close: 0.032c
Thur close: 0.029c
Friday close: 0.025c
Avg price is 0.029c
80% of that is 0.023c (Or 2.3c)
Now the last trade was 2.5c...Issue price in this case is 2.3c... potential gain of 7%
Monday morning...trading begins (HUGE potential for the shares still NOT hitting ur HIN til that afternoon (or with some brokers, not til overnight)... stock begins to get slammed while others take profits!
Monday close: 2.2c (below issue price)
...
just an example :)
Regards
I give u an example about the "5 day weighted average, with the...
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