RRS 0.00% 0.1¢ range resources limited

good leverage with oppies, page-4

  1. ds
    7,131 Posts.
    I agree that the oppies are a little cheap given the volatility and potential but I reckon the will lose their time value one the heads go through 10c ie the oppies will only be 5c or 6c.

    I reckon something like this -

    4.9c buy 5.0c 2% 7c 43% 10c 104% 15c 206% 20c 308%
    2.3c buy 2.5c 9% 3.5c 52% 6c 161% 10c 335% 15c 552%

    Of course if we pass 2 years and nothing happens you get ZERO for you options but I'd suggest if nothing happens in the next 2 years you probably get ZERO for your shares too.
 
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