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Ballarat Today 'money man' tries his hand with fictional ASX portfolio

 Jerome_2_1_1.jpg

What happens when you let Jerome Nugent-Smith play with a fictional $100k on the Australian Stock Exchange?

You'll be amazed at the result... really amazed!

Brett Mac speaks to Jerome with an update on the 10 stocks in question listed below;

ASX Code Investment Qty Price Price Value-COT

(26/02/21) 31/03/21 31/3/21

CDT $10K 1.11m $0.009 $0.011 $12,210
FAU** $10K 585,235 $0.017 $0.015 $8,778
GMR $ 9K 1m (0.009) $0.09 $9,000
NML** $10K 71,428 $0.14 $0.135 $9,642
NPM $10K 5m $0.002 $0.003 $15,000
NPM 5m ($0.002) $0.003 $15,000
PIL $10K 312,500 $0.032 Sold see below
PNX $10K 1,43M $0.007 $0.007 $10,000
RNU* $10K 163,934 $0.061 Sold see below
SUV $10K 68,966 $0.145 $0.165 $11,379
SYA $10K 322,580 $0.031 $0.036 $11,613
WAK $10K 55,555 $0.18 $0.165 $9,167
Total $100k $111,789
** Ballarat Gold Prospecting Stocks
March 2021: Post Set-Up Activities-Summary:
March 2021: 12 Trades
26/02-2021: Original Investment = $100,000
31/03/2021: Value of Fund = $190,495 (stocks = $111,789 + Cash = $78,706)
= $90,495 or 90.5% in 4+ weeks