GMC
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0.00% 0.6¢ gulf manganese corporation limited

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  1. mitis
    6,737 Posts.
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    06/11/17
    08:52
    Post #: 28522314
    at this stage, heads (GMC) look like opening 2.1c, so minimum fair value price for options should be 2.1-.5=1.6c. If you add in some premium for the time value factor (18 months until expiry), then a GMCO price of 1.7-1.8c is very reasonable if the heads open 2.1c.
    GMC Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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