Happy for you/anyone to explain how the leverage works.
To me, oppies at 3.1 is identical to paying 4.3 for the heads.
Easily available at 3.9 cents. so paying approx. 10% extra.
Buying oppies, with no intention of converting, can prove to be
a strategic move, but buying oppies,with the intention of converting,
doesn't sound logical, when buying the heads was cheaper.
General comments/chat, page-6472
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $65.31M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.1¢ | $163.8K | 7.481M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 584999 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 938291 | 4 |
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| ADN (ASX) Chart |