Yes. Certainly easier with options, but higher risk due to complete loss if things go pear shaped.
I have a 7 bag on CAVO over the last three weeks. I sent my cheque for my entitlement at 0.5c and I could sell them today at the open on their first trading day for 4c (700% return).
A bid at 5c, if I took it would make it a ten bagger. But I think I will hang onto them for now to see what project they are going to vend into the company.
