I assume from that comment you're not very good / successful at investing.
The reason oppies are attractive is because they present huge upside and opportunity. Yes there is more risk buying now but if you buy at 0.1 and the heads hit 1.5c, which would not be hard at all, you are making 1000% profit. If you want to wait till theres no risk then you're not going to make anywhere near the same profit.
Suggesting they are worthless until the heads are 0.9c just shows a lack of understanding with investing.
Where will we be in 3-6 months time?, page-100
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $13.55M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $35K | 7.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 39867785 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7818778 | 10 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |