CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Classic's Mining Operations - Approved, page-96

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 184 Posts.
    lightbulb Created with Sketch. 60
    Who in their right mind would buy $0.003 options right now, when they can get the actual share for the same price? We shouldn’t really see any movement with options until the share price is firmly trading above 0.002, if not 0.003. I know we get the odd numpty buying options, probably thinking it’s something different, but they are very small numbers.

    Even when it breaks .002/.003, to buy options at .001 is just like committing to pay 0.004 (unless you intend on to trying to flip the option) so you’re expecting it to push higher than that.

    Maybe don’t worry too much about options just yet.
 
watchlist Created with Sketch. Add CLZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.