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gildan2020
post Nov 21 2009, 05:51 PM

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149 posts

Joined: Jan 2003
Hi, this is a newbie question

I don't have any scomi shares beforehand.

Can I buy 10000 units of scomi-lr at 0.01, then sell it all later at 0.015 (if it goes up)?

Example:
10000 x 0.01 = RM 100
10000 x 0.015 = RM 150

Gross profit is RM50 (so net profit is less due to brokerage fee)

Pls also advise if my calculation is correct.

 

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