no cents --- once the oppies are in the money, i.e SP above 30c, it will go up more or less proportionally. But the leverage they provide means people might pay a premium as well.
SP 50c = Oppies 20c
SP $1 = Oppies 70c
SP $2 = Oppies $1.70
Just roughly --- so if you buy 100k oppies for 10c = $10k and the SP goes to $2 (LRVO = $1.70) your oppies are now worth $170,000 = 17x
If you buy 100k of shares at current price 26c = $26,000 and SP goes to $2 -- they are now worth $200,000 = 7.7x
LRVO, page-64
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Last
67.5¢ |
Change
-0.035(4.93%) |
Mkt cap ! $216.2M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 70.5¢ | 66.5¢ | $2.180M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59995 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 7616 | 1 |
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