It's a risk minimization strategy. You've recouped your initial investment if free holding so your next profits are risk free essentially. Sure, you're missing out on "extra profit" but it is to lock in your principal investment now (so you're not out of pocket) in case this thing goes pear shaped, which can happen.
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What's your target?, page-148
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $3.277K | 1.224M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
211 | 324591680 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 665974684 | 220 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
211 | 324591680 | 0.002 |
299 | 1067779959 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 665974684 | 220 |
0.004 | 284686151 | 103 |
0.005 | 73910046 | 56 |
0.006 | 98276859 | 41 |
0.007 | 37844569 | 26 |
Last trade - 11.00am 19/07/2024 (20 minute delay) ? |
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88E (ASX) Chart |