Strike 1.8c
Expiry October 2025
I think there is a good opportunity on the AHNO options now with the ask showing 0.1c.
With the market cap at $5m at 0.5c, I would expect the options to start running up with the heads at 1c which in only circa $10m market cap and if the heads can reach around 2.3c in the next 18 months then I would expect the options around 1c. That would be +900% on your initial investment.
2.3c or $23m market cap is very achievable as I think Iron Ore will come back into vogue with China stimulus and lowering interest rates.
Management are also buying shares and options. Their interests are aligned with shareholders so AHN is a compelling investment for me.
DYOR
AHNO Options
Add AHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $2.676M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $5.503K | 2.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16547984 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8094028 | 3 |
View Market Depth
| Last trade - 14.37pm 10/05/2024 (20 minute delay) ? |
| AHN (ASX) Chart |