Think it is like this.
Today $10,000 would buy you:
333,333 options or 147,058 shares
If share price gets to 0.15c like some people seem to think. Then you are ahead buying options.
Options: 333,333*0.15c = $50k - $16.66k conversion = $33.3k
Shares: 147,058*0.15c = $22k
you get a slight leverage for your money. With some risk.
MGTOC MGTOD Options, page-159
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.55M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 24.0¢ | $5.64K | 23.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17572 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 90000 | 1 |
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| Last trade - 10.04am 29/08/2024 (20 minute delay) ? |
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