After Satori notes, and my research, I decided to jump on the AEX ride. And I'm comfortable with the level of exposure I have with AEX.
I've started looking at AEXO. I do not normally trade options and stick with FPOs, but I'm tempted to bit at the AEXO, given that they were today trading at 0.026cents - a 50% discount to the FPOs.
We know that the drill results are to be released in October some time. It seems to me that this 50% discount (or 2 AEXO for 1 FPO almost) is a bargain. But to date, I haven't bought any AEXO because it just doesn't seem right!! Why has the market priced in such a discounted
I cannot understand why AEXO is trading at such a discount and I am rectulant to own any until I do. If we see a quality garmet in a shop labelled "2 for the price of 1", we would jump at it - especially my wife. So it just defys logic why there is such a difference.
Others have the same concerns? (I just thought - Maybe I should get my wife a trading account and see if she can get AEX on its way!)
Happy Trading...Mr Perry
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held