If each director invests an equal amount of $2.4 million to buy his new shares at a SP of $0.03, then if the SP falls to $0.029 each has a paper loss of $80,000, and if the SP rises to $0.031 each has a paper gain of $80,000. With each percentage point rise they make a profit of $80,000, so if the SP rises to $0.04 their profit is $800,000 for a value of $3.2 million. To each make a profit of $1,000,000 ($1 million) the SP only has to reach $0.0425 (4.25c).
Well - money makes money as they say and they are not wrong.
If each director invests an equal amount of $2.4 million to buy...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.46 |
Change
-0.030(0.86%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.65 | $3.36 | $12.86M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6394 | $3.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 72581 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |
