CTM 2.94% 35.0¢ centaurus metals limited

Ann: Salobo West Exploration Licence Granted in Carajas Province, page-37

  1. 23,919 Posts.
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    @Rye1208

    I think CTMOA are the best options on the ASX. 1c strike price, currently trading 0.4c

    The heads are 0.8c

    If the heads go to 2c, the options are worth 1c.

    However if heads go to 5c, options are worth 4c. You've made 6 bagger on the heads, Disallowed on options

    CTMOA is the better leverage and exposure if you believe this will kick higher than 2c on good results
 
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