QOL queensland ores limited

qol rides again, page-18

  1. 1,504 Posts.
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    re: qol breakout confirmed (15:1 buy/sell side) Pruner,

    Someone big has chomped all the options under 10 cents.

    This implies a share price by expiry of at least 50 cents (a run from 10 to 20 cents for the options - 100% gain, equates to a run from 25 to 50 cents for the shares - also a 100% gain).

    Anyone buying the options now would be expecting a share price north of 50 cents by Jan 07. Anything less than this, and they should be buying shares.

    My mule says he's heard whispers that the short term target is about 85. Sounds about right to me, for the first stage.... Time will tell.....

    Rosco

 
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