We all keep learning, don’t worry there’ll be another opportunity. Lpd Rights or another stock.
I sacrificed $2-$3k per million to get hold of the Options by selling heads, and buying Rights and exercising them. Even if it costs money, the 2 year expiration is very compelling.
So here’s the opportunity STARING us in the face.** What you can do is queu a buy order for LPDOA and I guess these will be very valuable. Buy 2 or 4m at .004 or .005 it’s worth a punt, think leverage. This is not advice, just a scenario, Sell 350k LPD for $10k, buy 2m LPDOA for .005 each. It’s almost as good as getting the Rights and converting to avail of free options. If LPD is 15c in sep 2020, you make $200k on that $10k outlay for the 2m LPDOA. Once the heads reach conversion parity, options will attract a higher premium, I won’t be surprised if it easily reaches 1c. There will always be people who sell cheap as it’s easy money so I’ve queued another 2m Buy.
**if Lpd will be less than 4.5 cents in sep2020, Options will be worthless, but unlikely as firstly, lmax has to be almost worthless too.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $20.95K | 9.910M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
69 | 72793985 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 74311227 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 68493985 | 0.002 |
110 | 253707668 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 52085737 | 38 |
0.004 | 33280179 | 42 |
0.005 | 15337988 | 16 |
0.006 | 4150999 | 9 |
0.007 | 1089094 | 5 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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