Ok you mean l could buy say 5mil now, although would mean still paying a premium to convert of 7.2pips but l lock them away with initial 15k.
Still profit margin suffers as l would be 1.2 pips above if l had bought at .006 and 2.2 pips if l bought heads at .005.
The leverage is to get them now l guess, is that what you mean?
Ann: UPDATE TO METALLURGICAL TESTWORK RESULTS, page-21
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.471M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $6.616K | 1.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 27131008 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6708608 | 6 |
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| Last trade - 15.47pm 19/07/2024 (20 minute delay) ? |
| ADG (ASX) Chart |