Depends
issuing options is at a much higher risk as investors can stand to lose 100% of their investment. Would be better if the oppies have longer expiry, seems they expire before DFS, which could be a blessing in disguise if studies show bad economics (hope not but always a risk seen in similar companies)
The share price has to increase more than double for
those options to be in the money, more than triple for them to be exercised in the money comfortably with wiggle room in the event of a decrease in SP
CPS have around 65-75m 2c options so there will be a lot of resistance at the 2c level if they intend to sell
This however won't matter if AHN release some solid results in their PFS and other preliminary studies.
If the stuff in the ground is as good as they say, and mineable (this is important as it has to be shallow enough to mine) then there will always been enough buyers to take out the sellers at those 2c resistance levels.
Looks like all is going well so far, won't hurt to see some presos, webinars, social media presence etc
Could be a real gem
gltah
- Forums
- ASX - By Stock
- Ann: Non-Renounceable Issue
Dependsissuing options is at a much higher risk as investors can...
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AHN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.211M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.101K | 367K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 19037984 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 4024132 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 19037984 | 0.002 |
16 | 22800104 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 4024132 | 4 |
0.004 | 5490870 | 7 |
0.005 | 14950969 | 9 |
0.006 | 22138665 | 6 |
0.007 | 6661111 | 2 |
Last trade - 11.53am 30/05/2024 (20 minute delay) ? |
Featured News
AHN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online