Because i'm a newbie, and cant participate in the SPP.
But dollar for dollar , look at what happens to the Heads v Options.
Betting out of the money, say Heads 2X to 4.6c, just look at the chart, last time this corresponded to options trading at 1c = 5X (0.2c)
Meanwhile over the last 2 months the heads were trading at 3.5 - 2.5c, saw options trading at 0.6-0.4c
So if you think the heads are going to strengthen and rebound, what do you think the double ricochet on the options will do ?
It is the very nature of a short term over supply, that opens the opportunity window on ops at 0.2c
Because i'm a newbie, and cant participate in the SPP.But dollar...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.99M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 67252335 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12024801 | 14 |
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| AAU (ASX) Chart |