MGT 0.00% 29.5¢ magnetite mines limited.

MGTOC MGTOD Options, page-159

  1. 51 Posts.
    lightbulb Created with Sketch. 6
    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.
    Last edited by Neoeoeo: 14/05/21
 
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