As I predicted yesterday after my apparent "error" with the CTMOA purchase, the OBs got "nibbled" a little today
Only 80 million... again I took the last ones on offer to balance my OA collection.
Also as I predicted, the OAs are now cheaper than than OBs (you can get OAs for .002 but for OBs you now have to cough up .003) and this will probably remain so due to the time value difference and risk attached to that. Some might get lucky if some foolish OB holders just want to cash in for a quick (but could-have-been-so-much-more) profit, and sell down to the hungry .002 bidders...
So for leverage effect, it all depends on whether you think that CTM can get their heads over 1c comfortably before end of April next year - if so better gains with OAs (cheaper, big diff between .002 and .003) - if not, but still confident of CTM over 1c within 2 yrs, then OBs are the thing (but they will cost more).
Happy to have my thoughts and theories demolished
Have fun and GLTA - I think we have a winner here however you play it
sasa
As I predicted yesterday after my apparent "error" with the...
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.0¢ | 46.0¢ | $510.1K | 1.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13080 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 13403 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CTM (ASX) Chart |