Big gamble Doc for a small profit of midpoint price! Assuming you’ve sold 10 mil today, still holding 196 mil and at this rate need another ~20 days. Even if the next announcement releases end of next week, you’d still be left with 110 million shares.
That’s at least half a million dollars worth, especially if you believe the price would tank.
But then as they say you bet big you win big.
Ann: Hickory-1 Upper SFS Zone Flows Light Oil, page-324
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Last
0.2¢ |
Change
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Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $27.03K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 359 | 956509315 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 8325743 | 6 |
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| Last trade - 14.55pm 08/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |