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1.52%

6.7¢ bass oil limited

Ann: Investor Briefing Presentation December 2022, page-28

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Wado87

3,670 Posts.

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01/12/22

13:08

Post #: 65097682
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Originally posted by stevenjd: ↑

268m BAS FP + 128 BASO (12c) = 396m FD

That would be $2,500 m / 396 m FD = $6.30 heads, and $6.18 for an option.

The question is, do you want to ride there with heads or ops ?
Lets see,
$10k buys you today at 6.5c = 154k heads, then worth at $6.30 = $970 k = 97 X
$10k buys you today at 1.2c = 833k ops., then worth at $6.18 = $5,147 k = 514 X

Anyone want some option icing on their cake ?
$10k could buy you a $1m or a $5m lottery ticket, and thanks, Santos is paying for the de-risking on their side of the fence.

If the market was aware of that prize, they would be buying a position for much more than todays entry bet.

Expand

I'm not very familiar with options but by the looks of things BASO are very far behind of heads at the moment? For a call of 0.004, other than the expiration date late in 2024, why wouldn't people load up on options instead of the heads?

Always keen to learn

BAS Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.7¢		Change 0.001(1.52%)		Mkt cap ! $19.46M

Open	High	Low	Value	Volume
6.7¢	6.8¢	6.6¢	$16.73K	249.4K

Buyers (Bids)

No.	Vol.	Price($)
1	8000	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	160515	1

View Market Depth

No.	Vol.	Price($)
1	8000	0.065
1	15625	0.064
1	15750	0.063
2	17758	0.062
2	40000	0.061

Price($)	Vol.	No.
0.067	160515	1
0.068	393276	1
0.070	207260	2
0.072	20000	1
0.074	567770	3

Last trade - 13.59pm 11/11/2024 (20 minute delay)

BAS (ASX) Chart

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