what are you talking about?
let me set up a scenario for you, and this has literally happened to me
options at 0.006, heads at 0.012, exercise in 14 months (lots of time left)
an announcement comes in at some point like an offtake which we've literally been told is incoming
heads fly up to say 2c on the day, ops fly up to say 1c (they went from 0.005 to 0.008 on the last big announcement)
you then sell your ops on the day when there are buyers at that high price, boom you've made 85% profit
ive made 1100% profit on an option play last year in the space of a week, they have great leverage, especially at such low prices
what are you talking about?let me set up a scenario for you, and...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.003(21.4%) |
Mkt cap ! $8.902M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $56.63K | 4.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 393791 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1279663 | 3 |
View Market Depth
| Last trade - 13.51pm 12/09/2024 (20 minute delay) ? |
| MGU (ASX) Chart |