kisling - tough lesson after holding for 18 months - but trying to trade it after it broke out of the tight 15/16c trading range was pretty risky especially given the reward and laos announcements were/are imminent.
agree that the options aren't a bad re-entry, given the movement in the heads there's good leverage for a few cents premium over the conversion price. I wouldn't be surprised if there's people thinking they're 20c strike rather than 15c. Pretty good leverage for 3c vs conversion value. (as long as the heads hold current levels, but given the volume on breakout today, the quality of what they've got in their hill end area tenements, the laos factor and the low market cap seems unlikely they'll be returning to the 16c level any time soon.
and they haven't even started drilling start drilling big nugget hill.
kisling - tough lesson after holding for 18 months - but trying...
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Last
0.7¢ |
Change
0.002(40.0%) |
Mkt cap ! $17.47M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $195.5K | 32.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 21537112 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 24051973 | 12 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| PUA (ASX) Chart |