@Zxc I know chart thread but this issue of the MRQOB's intrigues me. FWIW I am free carried this baby since late 2019 & been hoping for a spike that has not come for a while now.
I am actually concerned that with the oppies in the money no one seems to be interested in them. As chart below shows MRQ has history of running this time of year. Could it double in no time gain?
FACTS: 1. You buy basically as many MRQOB today as one wants at 0.1c.
2. if heads spiked to 1.3c the Oppies would most likely move to 0.3c ..... may even be more on speculation. Bags available in lead up to 20/12. If heads double buying the ops could = Disallowed.
3. ANY investor would be crazy buying the heads over the oppies if they really thought the price was heading up (for the logic you gave in the post this replies to).
So the only thing that worries me is why aren't they being bought? IS price being held above 1c to try and encourage conversion and get the cash that comes with that????? Anyone got any thoughts on this?
MRQ - chart thread !, page-1287
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.490M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $1.154K | 331.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 24103690 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 18324860 | 7 |
View Market Depth
| Last trade - 14.56pm 04/10/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |