ALTO I consider one of the best leverage plays around at the moment, especially in the bio/pharma sector.
Strike - 4c
Expiry - September 2012
Price - .001
As I mentioned in the DT thread, they will be aiming to push the heads to at least 5c by September 2012 to ensure that all of the options get converted.
Afterall, not much point doing a rights issue and issuing short dated options for nothing ...
With the heads at 5c, the ALTO's should be trading around 1c (depending on timing) - potential 10 bagger
simple risk/return play on the leverage
ALT Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held