LMG 2.17% 4.7¢ latrobe magnesium limited

general discussion, page-333

  1. 856 Posts.
    lightbulb Created with Sketch. 252
    Hi and late to the LMG Party.

    I have held since 27/10 but only with LMGO and so far it's been a good options play.
    In @ 0.02 I have already 3 bagged.
    These oppies don't expire until 10/23 and are only 0.04 strike. Sounded like a good leverage play to me.
    Of course oppies are usually thinly traded and nowhere near as liquid as FPO's so beware. But I've reserved my seat at the table and expect 0.04 strike price in 2023 will be chicken feed.

    Even buying right now they are "in the money" Currently 0.066 plus 0.04 Call = 0.106. LMG currently 0.115 ????

    GLTAH
 
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