Bit of an eye opener for people on the power of options.
Some one tinny here ( not me ) has done something like this >
Buy AW1O at 0.004 and sell at 0.20 an increase of 50x. Thast $1000.00 tunred into $50,000.00
They then went to CPOO and bought at 0.01 and sold at 0.04 or an increase of 4x
Now the market would have trouble handling the volume, so discount as you see fit, but thats a combined $1000.00 turned into $200,000.00 in a few months.
Back in AW1O probably ready for round 3.....
Almost certainly not done to this extent for various risk management reasons ( money withdrawn in part and or prices a little different ) but this is what Is possible in a few months. Lots of research and timing skill to line them up of course.
Something for people to think about as is 1ronnies posts on general market risks emerging possibly quite seriously to March 11.
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Last
9.0¢ |
Change
-0.002(2.17%) |
Mkt cap ! $53.55M |
Open | High | Low | Value | Volume |
9.1¢ | 9.3¢ | 9.0¢ | $243.5K | 2.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1361445 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 55000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1261445 | 0.090 |
2 | 30223 | 0.089 |
2 | 39793 | 0.088 |
2 | 54480 | 0.087 |
1 | 200000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 55000 | 1 |
0.092 | 350000 | 2 |
0.093 | 100000 | 1 |
0.094 | 200000 | 1 |
0.095 | 200000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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AW1 (ASX) Chart |