left hand right hand flip by syndicates, cost of brokerage is zero, they only share profit with securities company. The only cost is stamp duty, which is minimal. less than 50 rgt per million shares. If operator cost is 6c, and you buy 1m shares at 6.5c, operator , operator made 5000 rgt less 50 rgt stamp duty.
Why shud avoid this penny stock 1. countless qtrs of losses and loses 2. the company has more court cases than than business deals 3. Right issues tendency 4. Pump and dump. Than PP/ESOS/RI to slaughter the victims 5. company with court cases ,wasted management energy and resources. It will be reflected in the next few qtrs as loses
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
21spade
218 posts
Posted by 21spade > 1 month ago | Report Abuse
finally. Time to fly