PEN 4.76% 11.0¢ peninsula energy limited

the buying up continues!!!, page-11

  1. 1,684 Posts.
    Good question, an in some cases this could possibly be the case Imo. An I guess you only have to look at past data and some historical rises in the past of companies that at the time had attached options to confirm your question.

    Its comes down to leverage and greed.

    I know there are tracking systems that work off the theory that if an investor was extremely confident that the share was going to go up, they would then choose to enter into the attached option instead of the head, simply for a better return on the same amount of money invested.

    Just one theory.


    Cheers NK

 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $350.4M
Open High Low Value Volume
10.5¢ 11.0¢ 10.5¢ $1.256M 11.82M

Buyers (Bids)

No. Vol. Price($)
10 1319659 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 3294808 27
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.