Last lot of oppies had a strike price of 25c and at time of expiry sp (from memory) was below 10c. Don't get sucked in.
The MNM story has a long way to play out. Current hype is classic day trader activity. Pump and dump on announcement.
I feel sorry for the suckers who get swept up in the hype and buy at the top of a spike only to be left high and dry.
Don't get me wrong, I have a swag of these and have accumulated since mid 2007. Averaged down from 35c to 3.7c now.
Still a major court case to settle (incompetent due diligence on MM) and plenty of capital raising to come.
Heaps of potential, but tread with caution. Advice for newbies, DON'T believe everything you read!
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