KRR 7.69% 1.4¢ king river resources limited

KRROC, page-5

  1. 2,626 Posts.
    lightbulb Created with Sketch. 26
    Hey Rayda

    i agree with just about all that you have mentioned above - thanks for the post

    1 thing to remember though is the potential upside is only slightly less for each option than each share [ e.g they often rise by the same amounts - .5 of a cent - 1 or 2 cents etc ]

    so if someone only has $3400 they can get 100k shares or they could get 340k options [ so the upside in the shorter term is often massively higher - in this example even if the oppies only moved at half the rate the heads do then owning the oppies is still almost getting twice the profit ]

    this is in the shorter to medium term of course as they expire in 2 years time....

    so i understand why people buy the oppies to own and sell [ not always to exercise them ]

    they have already moved from 0.6 to 1.0 - nearly doubling the money that anyone has if they bought them at 0.6 [ if they werent lucky enough to get them as free attaching ones like us in the raise.... ]
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $21.74M
Open High Low Value Volume
1.2¢ 1.4¢ 1.2¢ $45.76K 3.595M

Buyers (Bids)

No. Vol. Price($)
4 429816 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 240972 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.