iI am normally in love with options. In this case i would be buying them with my ears pinned back and I have been thinking about it alot. I decided not to based on liquidity. For me the company valuation is so cheap that the shares are sufficient leverage and dont have a time limit - just potential dilution one day. Good luck with them - I think they are great value but if you are thinking of selling them when the SP gets to 3.5c just be careful - im not sure they are going to have the right liquidity or relationship to the SP. If the SP goes through 9c then the rewards will be massive as you then have an alternative exit via excercising them.
They are very very tempting though . . . .
Ann: Europe Patent Phenotypic Screening, page-19
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $886.5M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 17.5¢ | $508.8K | 2.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118941 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 183634 | 2 |
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| PYC (ASX) Chart |
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