The question: to sell for 5c or buy 8x of the shar
Let say you buy 8x of the shares (A shares) for 2c. You would have 9A shares.
Let say the SP will be 3c (which makes company value of ~$60M with ~2B of shares). Will you be in profit? You may sell today and get 5A cent or pay another 8*2*A (16A) and own 9A shares which market price will be 27A cents increase of 6A (minus 5A you have today) . The problem that you need another 16A sent to invest. If I understand correctly you may buy for 2sents and sell the day shares in your account for 3sents (hope more). Any thoughts?