How to make an easy $500.
Buy 50,000 FGXO options at the current price 0.045, for the cost of 2250 plus brokerage ($15 for NAB trade). Convert them, which will cost you 1.10 x 50,000= $55,000. Sell the converted shares on market for 1.15, gaining $57500.
Total profit, $500 minus brokerage. Not much gain, but something for some beer money? Still below NTA at 1.15 also.
How to make an easy $500. Buy 50,000 FGXO options at the current...
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 (20min delay)
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Last
$1.25 |
Change
0.010(0.81%) |
Mkt cap ! $518.3M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.23 | $510.8K | 411.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95645 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 10000 | 1 |
View Market Depth
| Last trade - 15.47pm 22/11/2024 (20 minute delay) ? |
| FGX (ASX) Chart |
