AKK 0.00% 0.3¢ austin exploration limited

Mr Deeds,the difference is more stark when the SP's really fly...

  1. 944 Posts.
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    Mr Deeds,

    the difference is more stark when the SP's really fly to 20c prior to expiry of the AKKOA's

    Using your example (a bank of $30K to invest)

    a.) I buy 1,000,000 AKK @ 3.0c = $30,000

    b.) I buy 5,000,000 AKKOA @ 0.6c = $30,000

    In one years time AKK is trading at 20c...I decide to sell!!!

    Example a.) 100,000 AKK heads now worth
    1,000,000 x 20c = $ 200,000.
    So nett profit equals $200,000 - $30,000 = $170,000.

    Example b.) AKKOA now worth 14.5c (20c-5.5c=14.5c)
    5,000,000 AKKOA x 14.5c = $725,000
    So nett profit equals $725,000 - $30,000 = $695,000 !!!

    Mate, that's more than half a $million better off

    I'm excited!
 
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