RGT argent biopharma limited
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Ann: Listed Options now Quoted - ASX Code MXCOD-MXC.AX, page-6

  1. redgie321
    1,377 Posts.
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    11/10/16
    12:10
    Post #: 19769723
    There's over 3.5m orders in the 0.8c to the 1.1c range. I'll go out on a limb and say that's a bit of early confidence. Happy if that is the floor in which the oppies can move up from. If there is a 3.5c spread to heads with a 3 year maturity, i think that is a good deal for everyone involved.

    That is a great deal of free money for anyone who was lucky enough to buy 15k worth of heads in the PO. I think that is roughly $1k worth at a 1c per oppie valuation (rough maths).
    Last edited by redgie321: 11/10/16
    MXC Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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