I beg to differ. BLKOA still great value circa 2.1c relative to BLK at 6.8c and offers superior leverage depending on how bullish you are on BLK.
I've got a 60 day price target of 15c+ for BLK (assuming production continues with similar months figures to Feb for Mar and Apr. This would likely translate to a BLKOA price of 8c+ (a tidy 300% increase from current BLKOA price circa 2c).
Of course, the whole BLK thing could turn south and the BLKOA would get hammered but the risk/reward is firmly to the positive imo ...
This is NOT investment advice so do your own research!
Diclosure: Holding BLKOA
- Forums
- ASX - By Stock
- WMC
- Ann: Another Record Month of Gold Production for Blackham
Ann: Another Record Month of Gold Production for Blackham, page-109
-
-
- There are more pages in this discussion • 275 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online