Samg, I disagree. Exmoa could be great value- could well be in production, as previously mentioned in asx release, by 2012 excersize date. The options will most likely trade at a premium as they now are. Using your method of calculation, with the 6c excersize price they should be trading at neg 3.3c now.
What if the share is 27c, by say, 2010, heads would return 1000% on todays closing price and exmoa approx 2500% a considerable extra profit. What 1f they are 54c, 2000% on the heads and nearly 5000% on exmoa,the higher they go the greater the differential between heads and Exmoa.
I managed to snag some at 0.7c last week and expect a multi, multi bagger in the future. Need to be patient and hope they prove up a big resource.
Cheers Mal
ok: what is going on , page-44
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$3.00 |
Change
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Mkt cap ! $209.5M | |||
| Open | High | Low | Value | Volume |
| $2.94 | $3.04 | $2.92 | $297.4K | 100.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7387 | $3.00 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 3000 | 1 |
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