Hi Dearly, yes it makes sense. I wrote it before the POS fell 15% in a day. I thought we could get 6cents with an option that was trading at 2.9cents and was technically in the money at 5.5cents. I got shot down pretty quickly by a gun slinging cowboy! We were seeing some good interest coming. Seemed a funny day that we ended on 5cents considering it was "Heavily over subscribed" a crap day to make an announcement for a "Cap Raise".
I did sell a few heads over the 6 cents and I don't normally return to the scene of the crime but they did look very cheap again around the 5.2And Dratoz I think that with the OA's people are looking well forward and seeing a 3.2 cent entry level into this company a cheap option with approx 60% more leverage. IMO
Hi Dearly, yes it makes sense. I wrote it before the POS fell...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $24.36M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $52.57K | 2.929M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1274880 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1386112 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ARD (ASX) Chart |