GDO 0.00% 30.0¢ gold one international limited

50c options, page-21

  1. 148 Posts.
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    Wouldn't call you stupid autosime, no matter which way you play it, it all involves an element of risk. Options are definately a riskier trade than heads, I've made good profit on some but had others expire worthless. I like these because I think the company is way undervalued and they have a reasonably long time to expiry. If I'm wrong with my assesment of the company then it'll cost me a few grand, if I'm right then the leverage gained by purchasing options will make me significantly more than the heads. I believe I'm right, but time and the market will be the judge of that. Good luck all.
 
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Currently unlisted public company.

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