ADG 0.00% 0.4¢ adelong gold limited

1 cent thread, page-53

  1. 34,916 Posts.
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    Disagree. Right now it costs .7c to buy heads, .4c to buy oppies. If heads hits 1.4c, I don't think oppies wil be trading premium, 0.8c if lucky. So both are relatively same return but oppies are almost always higher risk. If you're expecting much higher valuations then oppies are better. To me that doesn't really become risk/reward advantageous till somewhere around 3c for for fpo (300%) gain where oppies would be around 2.4c (500%). 3c fully diluted is closer to $25mill marketcap. Not an unreasonable target but I'm not greedy. Happy with a 300% return with lower risk if that eventuates.
 
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