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 a big doubt..

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TSglengoh
post Nov 17 2009, 04:33 PM, updated 17y ago

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i noticed 7158-LR's price today paces up and down at 0.025 and 0.030
Here's the question, let say if i bought this stock at 0.025 at 500 lots and sold it at 0.03 (ignore the brokage fees and so)

bought at --> 0.025 x 50,000 = 1250
sold at --> 0.03 x 50,000 = 1500
which mean i made a profit of amount RM 250 ??

p/s: 1) i noticed the buy rates tend to be more at price 0.030, does that mean the buyers tend to buy it at higher price?
2) I read the announcement made by the company regarding the issuing of irredeemable convertable secured loan stocks, is this the one ?

Im kinda confused.. rclxub.gif

This post has been edited by glengoh: Nov 17 2009, 04:34 PM
cherroy
post Nov 17 2009, 04:49 PM

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can post here http://forum.lowyat.net/topic/1226049/+680



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