You're right about timing, but it's also about volume.
EIO went up 3c is now already back down to 2.5c. If you play this game with the big boys then you need big bucks is all I'm saying
3c profit per EIO share is in reality 1.5c per share due to CGT(assuming) most of you are in the top bracket.
so 1 million OMI shares buy at 1c sell at 4c(same as EIO) gives a $15000 profit on a $10000 outlay - 10million shares would obviously be better but I'll bet most of us don't have the inital $$ to outlay
getting set, page-10
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Mkt cap ! $2.131M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $14.32K | 7.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3543601 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1511772 | 2 |
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