ARI 11.1% 2.4¢ arika resources limited

Ann: Outstanding Further High Grade Gold Results, page-50

  1. 6,975 Posts.
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    very good price that, if you look at the past trading history of the heads you will see that 2.8c is a key support level, and 2.2c for the options, I think it’s strange that no premium is even factored in for the options, at just cost basis 2.3c + 0.004 is 2.7c so the options are trading at a negative 0.002 margin with a two year expiry.

    but I have noticed they have never traded at a premium though, really options should be on par with the heads imo. or at least 2.5c currently.
 
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