Hi MichaelIrish: The “Winner Takes Nothing” approach is fine and has a romantic element attached, similar in style to Hemingway, who once stated “War is man’s greatest adventure.”
Through my calculations your break even point on ERG is currently just a fraction over 0.15cps so while ERG trades around these current levels you can post with a degree of immunity, for with any positive announcement, the traders will attempt to bring the share price back to around the 0.19cps level. Barring that possibility, the share price could just as easily plunge to 0.03cps with a significant capital dilution
It is that second likelihood which will test your integrity.
Hi MichaelIrish: The “Winner Takes Nothing” approach is fine and...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.268M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 93999 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 500000 | 1 |
View Market Depth
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| ERG (ASX) Chart |
Day chart unavailable
