LYC 0.17% $6.05 lynas rare earths limited

sp prediction win/loss malaysian elections, page-6

  1. 8,917 Posts.
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    OK clearer now.

    Does not work if expectation is 25C for a non BN win. If however the expectation was 40C for an opposition win then there is an opportunity to make $, as follows


    A) Buy $100,000 LYC @ 48C, if BP win = profit of $30,000.
    B) bet $18,000 (with bookies at 13/10).

    If BN win then you have lost the $18k bet, but made $30k on the shares so net profit on the deal of $12k.

    Else, you will have lost $20K on the shares but won $23K on the bet = profit of $3k.

    Hmm... depends on your view of the downside VsV the upside.

    Just for fun but one should always play the odds.
 
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