MLS
Click for more information
3.85% 2.7¢ metals australia ltd

Ann: Thick Lithium Bearing Pegmatite Intersections at Manindi, page-100

  1. Understatement
    548 Posts.
    lightbulb Created with Sketch. 158
    clock Created with Sketch.
    17/05/22
    19:41
    Post #: 61461888
    Hi,

    The one who convert making additional margin.

    The option holders who are selling at a discount giving the investors who buy the option and convert free money.

    Buy MLSOB @ 1.3c exercise the options for 7c = 8c. At current share price of 9.1c is an additional gain of 0.8c

    Buying 500,000 options for $6,500 paying $35,000 for exercise equals $41,500 for 500,000 shares worth $45,500.

    $4,500 free money.

    I have done it with a previous option. Made good money.

    K
    MLS Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Regulatory approval granted for drilling at high-grade lead and silver project—drilling set to begin soon
right-arrow Created with Sketch.
NEWS Gold mineralisation discovered along major shear zone at Challa Gold Project, confirming two new intersections in latest aircore drilling
right-arrow Created with Sketch.
NEWS Significant shallow gold intersections at Tambourah King reveal potential extensions to the lode gold system, with promising RC drill results and more assays pending
right-arrow Created with Sketch.
NEWS Large-scale copper discovery confirmed with high-grade assays—significant potential for major sedimentary-hosted copper deposits
right-arrow Created with Sketch.
NEWS Significant increase in revenue from faster NDIS approvals and launch of new leasing programs
right-arrow Created with Sketch.
NEWS Step out drilling confirms high-grade cobalt & associated copper at Bald Hill
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
2.7¢ 		Change
0.001(3.85%) 		Mkt cap ! $19.63M
Open High Low Value Volume
2.6¢ 2.7¢ 2.5¢ $9.001K 345.4K

Buyers (Bids)

No. Vol. Price($)
2 57000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 131965 3
View Market Depth
Last trade - 12.43pm 04/10/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.