Options are looking shakier to me than they were, because the share price needs to get to about 18c by 30 Apr 2023 for options to be more worthwhile than shares (as per the table below). There's still time for that to happen, but it requires a 290% gain in the share price in less than a year. Not impossible, but starting to look less likely than it used to. One good announcement (e.g. offtake agreement, great drilling results) could change that, but it makes sense to be cautious to me at this point.
General Discussion on AAU, page-393
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.845M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $7.776K | 2.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 53328637 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 24905065 | 25 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| AAU (ASX) Chart |