AAU 0.00% 0.4¢ antilles gold limited

its an interesting split between options and heads at this...

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  1. 27,784 Posts.
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    its an interesting split between options and heads at this point.
    If you can get heads at .3c then say 4x = 1.2c, ops would be just in the money, maybe trading 0.3-0.4c

    You have to look further ahead to get the leverage to work harder.
    Heads to 2.1c = 7x
    options intrinsically worth 1.1c = 11x

    Noting all of that, we did see some ops trade for 0.2-0.3c when the heads went to 0.6-7 the other day.
    So that gave a 2x on heads, and a 2-3x on ops.

    It changes to the better if you have to pay 0.4 for the heads v 0.1c for the ops.

    Without spending a cent further, from my seat on the train wreck, its not about spending more,. but where that uplift is better served to redeem the loss. A HOLD, allows that same opportunity to recover the fallen, as a buy does for new coin. For new buyers, obviously better returns at the pointy end though. Yet, all of us could end up with zero in a case of administration event.

    I think my av is around 1.1c, so i need 4x to recover loss on heads. Other ops not so good.
    Pretty sad for a gold stock supposed to be riding the sector heat, with a supportive approvals process in Cuba.
    Anyone looking at the chart has to ask, WTF happened at 2c to 0.3c.

    Whatever the case be, of a train driver who was asleep, distracted or otherwise taking the hands off the brake, we round the bed too quickly and wrecked.
 
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0.4¢
Change
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Mkt cap ! $7.422M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $1.649K 450K

Buyers (Bids)

No. Vol. Price($)
69 65381850 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 53426086 26
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Last trade - 14.34pm 18/10/2024 (20 minute delay) ?
AAU (ASX) Chart
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