RRS 0.00% 0.1¢ range resources limited

good leverage with oppies, page-6

  1. ds
    7,131 Posts.
    very very good advice.

    The options are worthless if the SP stays here over time. The make you more if it goes up - especially if it goes up fast or a long way.

    They are a way to leverage a price move not an investment.

    eg 'if' I had put 100k into RRS in Oct around 4c it would be worth around 120-125k now but 'if'I had put 100k into RRSO around 1.5c it would be worth around 150-155k now a much better BUT much riskier return.

    With 2 years to go I don't consider the oppies too risky but rather just illiquid.
 
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