If you're implying that you don't expect the SP to be above 16c in 2 years (making the alternative strategy sound)... one would wonder why you consider FGR a worthwhile investment at all.
Totally see where you're coming from though. But if we're under 16c in 2 years, I'll consider FGR my worst call of all time
To lead this conversation another way... this reminds me a LOT of the offer TLG did a while back (2 years?)... There are sooo many parallels. The share to option ratio I think is the same or similar, the price in TLGs case was 0.02c.
Now, even with those options not in the money, their long validity meant that in a very short amount of time, they were trading on the open market at 0.08c... I was kicking myself because I totally forgot to pay for my share and missed out.
Now, they're generally above 0.20c... I missed out on an easy 10x return.
Honestly, I think anyone here would be maaaaaad not to take up their entitlement even if to only sell them on the open market a week later. A profit is highly likely as holders up their bids to acquire more than their allotment, especially in light of FGR's triple chance draw.
Oh how I wish the OB's had a second chance in them.
Have fun all.
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If you're implying that you don't expect the SP to be above 16c...
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Last
4.4¢ |
Change
-0.003(6.38%) |
Mkt cap ! $29.46M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.4¢ | $8.4K | 181.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.042 |
3 | 120490 | 0.041 |
2 | 199999 | 0.040 |
4 | 173122 | 0.039 |
1 | 86000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 50000 | 1 |
0.050 | 672599 | 7 |
0.051 | 50000 | 1 |
0.053 | 239315 | 1 |
0.054 | 50000 | 1 |
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