i think the simplest and best trade here, is buy OBs at 0.1 given the extra supply coming.
The OFs wont get to 0.1 i dont think, and there is no more supply of them, so cant see them being sold off further. So the OFs probably the 0.2=>0.4 trade. But the OBs could get dumped to 0.1, might make a 0.3c - 2 bagger possible.
Not investment advice.
Ann: GNM Closed Oversubscribed Placement, page-23
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1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.700M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2483393 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 17626 | 1 |
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