Mate,
Do you realise the strike price of the options is .25c? Which means that you are currently paying .37c for an ordinary share (.12c + .25c strike price)
I have options too, but intend to hang onto them for a while. What worries me for short time traders is that the options are not very liquid.........
Options would be okay if you intend to hold them long term, but If you want a short-medium term trade would you be better off with the ordinarys? I picked up a heap of ords today at .28c, and have a cheeky bid in for another 100k @ .25c (if it falls that far!)
bargains galore, page-3
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Last
17.0¢ |
Change
0.025(17.2%) |
Mkt cap ! $25.56M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 17.3¢ | 15.0¢ | $77.04K | 493.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35402 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 150000 | 2 |
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| Last trade - 14.34pm 28/06/2024 (20 minute delay) ? |
| BUR (ASX) Chart |