Good point, but let’s look at the opportunity the oppies present where an equivalent value for SRN of 50.5¢ could be achieved if/ when the sp hits 12¢.
This is how it works. Joe and Harry both decide to invest $2k each in Surefire, but, whereas Joe buys 200k SRN at 1¢ each, Harry has more of an appetite for risk, so he buys 1m SRNOD at .02¢ each.
Wind the clock forward several months and the sp hits 12¢. This is how both investors fared:
Joe’s $2,000 investment is now valued at $24,000. Harry, on the other hand, has made an absolute killing. If he sells his 1m oppies for true value, he’ll pocket $101,000.
For Joe to make $99,000 profit on his 200,000 shares, SRN would need to be trading at 50.5¢.
Please note that this is not investment advice.
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Good point, but let’s look at the opportunity the oppies present...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.89M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $900 | 112.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 12970846 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1487522 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 12970846 | 0.007 |
8 | 7132800 | 0.006 |
6 | 6050100 | 0.005 |
5 | 4900000 | 0.004 |
3 | 2350000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1487522 | 1 |
0.009 | 11470575 | 9 |
0.010 | 5515671 | 16 |
0.011 | 4891865 | 9 |
0.012 | 5503344 | 5 |
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