RLC 0.00% 0.3¢ reedy lagoon corporation limited

Ann: RLC rights issue of options, page-42

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    Yes bUT if the heads go to 3 cents the oppies will go close to zero. So nearly a hundred percent loss versus a 40% loss in the heads. Options do not decrease your risk they increase it. You can get more exposure for less money but with risk of much higher percentage losses.
 
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