That you don't understand and still make heaps makes you twice as fantastic
Not sure if you understand leverage but if you do that makes you appreciate why many are in hunt for cheap options.
22k would have bought you 100k of heads and sitting on 52k portfolio or 30k profit this morning
With the same 22k, you could have bought 300k of oppies at 7c, gives you 75k portfolio or 53k profit instead of 30
Hope that leverage makes sense now, even with little money the leverage increases the ability to achieve more profit
Whichever you picked you'd still be a winner currently. And heaps who missed out or sold early on wa1 will likely hodl in SUM knowing what they thought was impossible is possible
Sold too early on wa1 myself when it stagnated betw 5-6 for a few months only to see it skyrocket to 23
The low SUM shared on issue helps
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.39M |
Open | High | Low | Value | Volume |
22.0¢ | 24.0¢ | 21.0¢ | $117.9K | 531.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7544 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 11024 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7544 | 0.230 |
2 | 3800 | 0.225 |
3 | 155909 | 0.220 |
3 | 83000 | 0.215 |
4 | 71349 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 11024 | 2 |
0.245 | 14500 | 1 |
0.250 | 16000 | 1 |
0.255 | 110819 | 2 |
0.260 | 48967 | 2 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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SUM (ASX) Chart |