Why would anyone buy options????
Simple...... Leverage.
$5000= 1,000,000 heads for GGE
$5000= 5,000,000 options GGEO
The potential upside becomes huge 1stly for the volume,
Secondly because it can not go lower,
If GGE gets to flux's predicted price of 2.5c then it's a 5 bagger or $5000 makes $25,000
Now if the SP was 2.5 then the oppies should be 1c even,
A 10 bagger,
Or a $5000 investment would be worth $50,000
Oppies 4 me anyday
options, page-7
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.843K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1835723 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1449825 | 7 |
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| Last trade - 12.25pm 12/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |