PIMO options are no in the money currently and are high risk. Exercise price is 25c and therefore buying them at 3c is really equivalent to paying 28c/share in 2026. This may or may not be good value, that is yet to be determined!
However, I've bought some PIMO for the following reasons:
- Expiry of options is not until July 2026
- Best time to buy options is prior to release of significantly good company news, when share price & hence option price is dragging somewhat
- PIM has some significant news catalysts starting this month and potentially flowing through the next couple of years
- PIMO has been very difficult to purchase under 3c, even though share price has dipped to around 13c which suggests most option holders consider plenty of upside prior to the expiry date
Ann: US $500,000 Offtake Payment Received, page-33
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.000M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15909 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 59158 | 1 |
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| Last trade - 10.06am 05/09/2024 (20 minute delay) ? |
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