SUM 11.4% 24.5¢ summit minerals limited

SUMO, page-134

  1. 792 Posts.
    lightbulb Created with Sketch. 97
    Baby Boomers really understand how options shoud be valued as back in the 70's-80's most mining stocks issued options.

    From On-line Stock Options calculator

    Results Summary
    Current stock price $0.54
    Number of options 1
    Strike price $0.25

    Theoritcal Option Price $ 0.29c

    Add 1/2c premium for 12 month
    Buy Now Pay Later plan at say 2%

    If you have a long term belief that this stock will be higher in 12 months then the leverage (in buying the options) makes the options a no brainer.
 
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Last
24.5¢
Change
0.025(11.4%)
Mkt cap ! $17.61M
Open High Low Value Volume
22.5¢ 27.0¢ 22.5¢ $419.9K 1.672M

Buyers (Bids)

No. Vol. Price($)
4 41457 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 92258 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
SUM (ASX) Chart
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