DXN 0.00% 7.7¢ dxn limited

Ann: Quarterly Report & Appendix 4C, page-34

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  1. 27,769 Posts.
    lightbulb Created with Sketch. 3366
    Nov 2020 expiration- they were just issued

    get some news flow like Sydney data centre - shows how easily it can spike .

    sounds like some weak hands joined the sheep , simply following the bar set by the underwriter.

    history shows when all the weak hands have sold , it just leaves the speculative buyers who wager that the Merritt’s of the company can exceed 10c, to start buying .
    with no weak hands left , the price rises . They can’t influence the price when they no longer hold .

    shares don’t even need to reach 10c for volatility trading in the options
    Last edited by stevenjd: 07/02/20
 
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