options are only one pip lag to the heads (1c strike price, 0.9c difference in trading price). considering this a lot of upside - SP only needs to increase one pip higher to be in the money. with 6 months of heavy news flow (phase two about to be commissioned, details about JV, leveraging AIB, cash flow positive this calendar year, scaling up potential, whatever else falls into our lap) - way more upside than downside. both heads an options are as good as it comes on the spec end - options give more upside (but more risk), but with the constant box ticking the company has been doing, i'm certainly not worried. this dip off the morning's highs is giving a great discount for newcomers/accumulators. i'm going to europe in a week so can't afford to buy any more
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- Ann: Binding Agreement for Joint Development of Greenfield Steel-NSL.AX
Ann: Binding Agreement for Joint Development of Greenfield Steel-NSL.AX, page-64
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