AUL 0.00% 28.5¢ austar gold limited

january action, page-33

  1. 1,506 Posts.
    lightbulb Created with Sketch. 52
    "Who in their right mind is selling the options at the moment"


    if i was to guess but keep in mind i could be way off, just a guess but...


    it could be fakeshark, i recall him saying something about buying at 2.1c and above, he was selling heads at 6c and buying oppies at 2c, in hindsight what a mistake that was, ouch...
    feel for him, hes down 40% in a few weeks.
    or it could be fakeys friends i recall him saying a friend was picking up heaps of options at 3c mark, double ouch.......

    anuyhow i hope it works out for all of you, all the best.

    for what its worth the options are overpriced in my opinion.
    reason if heads go to 10c the oppies will be roughly 2.5c.
    thats almost 100% for heads and 100% for oppies hardly worth the risk in my opinion to take with the oppies for the same upside.
    unless you think mnm is going to blue skys, a gazzillion cents then i think heads are better val at the mo.
    heads will have to go to 15c plus for it to be worth the risk.

    just my opinion thats all.

    dyor


    ...............friendly l.e.o.....................


 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.