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4.8¢ european lithium limited

Agree Ddog your making sense our friend techspec simply...

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Aryam3r

27 Posts.

01/03/24

15:06

Post #: 72697742
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Originally posted by Ddog157: ↑

He’s using the exercise price of 18c to say they are overvalued which they are at 1.5c or whatever.

But you can buy approx 5-6 x the amount of shares compared to heads so the leverage is huge.

No rule to say they have to be converted either. They could be used solely as a leverage or trading play.

And if they are many multiples of 18c in a years time then you come out way in front. That’s where the 300 days comes in which you are correct.

EUROAs are shot to pieces at present unless a minor miracle occurs in the ST, so B’s are really the only play as far as leverage goes anyway.

Risk v reward at end of day.

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Agree Ddog your making sense our friend techspec simply downramps buys low day trades and makes a quick profit thats his game and its become very evident a fox in the henhouse as they say.

Last edited by Aryam3r: 01/03/24

EUR Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.8¢		Change -0.001(2.04%)		Mkt cap ! $67.11M

Open	High	Low	Value	Volume
4.7¢	5.0¢	4.7¢	$41.9K	874.8K

Buyers (Bids)

No.	Vol.	Price($)
1	84570	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	148224	1

View Market Depth

No.	Vol.	Price($)
1	84570	0.048
5	151911	0.047
5	192565	0.046
6	345862	0.045
4	164545	0.044

Price($)	Vol.	No.
0.049	148224	1
0.050	1255183	5
0.051	517473	6
0.052	193790	4
0.053	50000	1

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 4.8¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
4.8¢	4.9¢		4.7¢	27439
Last updated 15.59pm 16/05/2024 ?

EUR (ASX) Chart