STK 14.8% 9.8¢ strickland metals limited

Ann: Additional Discovery at Horse Well 58m @ 1.7g/t Au from 17m, page-96

  1. 21,705 Posts.
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    Thanks both of you. I initially use options to take a position in the company at a cheaper entry cost. If I can "see" a long story with the shares, then depending on the performance of the shares, they become a two way play. They become a pure trading stock while there is movement and good news for the shares. Buy and sell, just like the shares, but holding a quantity as that leverage, but, always keeping a close watch on the date of expiry. I've got the time to do that, as percentages can change quite dramatically, as we have seen already with the LKOAs.
    Yes, they are a bigger (much) "risk" than the shares, but, potentially much greater rewards.
    "Safer", if wanting to have exposure, to also at least grab some shares while they are the lower price.
    It's a very individual choice.
    With just 7 months to go for new purchases, the CGT benefit won't apply to the options, just have to cop the bill, risk/rewardl
 
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Last
9.8¢
Change
-0.017(14.8%)
Mkt cap ! $216.2M
Open High Low Value Volume
11.5¢ 11.5¢ 9.6¢ $768.4K 7.654M

Buyers (Bids)

No. Vol. Price($)
5 268054 9.8¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 243200 4
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
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