IMU imugene limited

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Few Pennies

401 Posts.

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22/03/18

21:39

Post #: 31963525
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Originally posted by slick ↑

Hi Few Pennies, your going to end up with only a few pennies with math like that.

Sell a $10,000.00 parcel and pay $30 brokerage you end up with $9970 not $9070. That will effect your entire example.

But here’s a reality example. On the 14th March I bought 450,000 shares at .028 for a total of $12600 plus $29.95 brokerage so total of $12629.95.
Now as Mattdamon and I were talking two days ago (posts above) I hesitated in selling into the volume at .o36 and as stated previously, boy do I regret it. Had I sold those 450,000 shares at .036 that would be $16,200 - $29.95 brokerage leaving a balance of $16170.05
Now $16170.05 taking away my outlay of $12629.95 leaves a profit of $3540.10. So, if I spent that $3500 on shares today at .032 then I would be freecarrying an extra 109375 shares.

Now when I’m only holding under 2 mill shares in total, I’ll do that every day of the week if I could. Nearly all of my holding is freecarry because of this practise although I clearly stuffed up this week. ( I’m blaming Matt).
Plus, I’m even happy to have the tax problem. I know, sick hey.

Now here’s the thing, I’m not even good at it! Imaging what the experienced guys are doing.

Anyway, each to their own. This is just another point of view but based on reality.

Cheers.

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Hi Slick
O'pps you are correct I lost $900 in bad maths
Thanks for pulling me up on that Slick

and my apology to all for that post
OK looks like in light of that I need double check my maths and to have another rethink of my view on trading.

FP

IMU Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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Last 13.5¢		Change 0.000(0.00%)		Mkt cap ! $56.13M

Open	High	Low	Volume
0.0¢	0.0¢	0.0¢	0

Buyers (Bids)

Vol.	Price($)
285615	13.0¢

Sellers (Offers)

Price($)	Vol.
14.0¢	145434

Last trade - 16.00pm 03/07/2026 (20 minute delay)

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