Yes that is the way I saw it... If heads go to 6c and stablize then Oppies will stabilize. Then we should see Oppies being priced only 1c below heads. As you will only be paying 0.5c premium to exercise for 1.5c in 9 months.
By then we would hope the company has succeeded to gain more contracts and has a MC over 100M.
ADOO is the better deal- IMO.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.16M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $10.88K | 843.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246504 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2711219 | 8 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| ADO (ASX) Chart |