A merchant arrived in a village and rented a large cage.
Then he advertised an offer of $10 each for live rabbits.
There were lots about so villagers set about trapping them and claiming their $10
A few days later there were less rabbits on the loose so he doubled the price to $20.
The villagers scrambled to find more rabbits to cash in.
Then he raised the price to $50.
Behind the scenes the village cage manager gathered some chosen villagers and said
"If I sell you the rabbits in the cage for $40 you can onsell them for an instant $10 profit."
In no time all the caged rabbits were sold.
And the merchant was never seen again.
That sir is how the stock market works.
A merchant arrived in a village and rented a large cage.Then he...
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Last
$2.93 |
Change
0.140(5.02%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.93 | $2.77 | $65.23M | 22.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3424 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 170199 | 9 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |