Very good preempt.
Just because the heads move up by 1.6 cents for example doesnt mean the oppies will.
I feel the oppies are over priced. There where they are because there simply not worth selling. The holders know its make or break.
Its very easy to be fooled into thing if the heads gain 1 cent or approx 40% that the oppies would also gain 1 cent or 100%. Thats a 60% better gain therefore the opptions are the better return.
Dont count your chickens comes to mind....
some serious buy @2.3, page-38
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $895.0K | 7.936M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 864316 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1596253 | 16 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |