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3.37%

8.6¢ strickland metals limited

Ann: Additional Discovery at Horse Well 58m @ 1.7g/t Au from 17m, page-97

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WiffaSniffa

2,278 Posts.

274

11/10/23

09:47

Post #: 70280839
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Originally posted by gassed: ↑

Thanks both of you. I initially use options to take a position in the company at a cheaper entry cost. If I can "see" a long story with the shares, then depending on the performance of the shares, they become a two way play. They become a pure trading stock while there is movement and good news for the shares. Buy and sell, just like the shares, but holding a quantity as that leverage, but, always keeping a close watch on the date of expiry. I've got the time to do that, as percentages can change quite dramatically, as we have seen already with the LKOAs.
Yes, they are a bigger (much) "risk" than the shares, but, potentially much greater rewards.
"Safer", if wanting to have exposure, to also at least grab some shares while they are the lower price.
It's a very individual choice.
With just 7 months to go for new purchases, the CGT benefit won't apply to the options, just have to cop the bill, risk/rewardl

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CGT benefits never apply to Option's.

STK Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.6¢		Change -0.003(3.37%)		Mkt cap ! $187.6M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.4¢	$81.14K	948.9K

Buyers (Bids)

No.	Vol.	Price($)
1	15000	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.7¢	11552	1

View Market Depth

No.	Vol.	Price($)
1	15000	0.085
3	31651	0.084
2	21408	0.083
2	49998	0.082
1	64	0.081

Price($)	Vol.	No.
0.087	11552	1
0.088	16490	2
0.089	212469	2
0.090	603386	4
0.091	100000	1

Last trade - 15.11pm 07/10/2024 (20 minute delay)

STK (ASX) Chart