hooter - re: atention warrant guru,s hdrxoa G'day Hooter - there's other ways to get higher leverage into Hardman - have a look at trading cfd's with IG Markets. With $5k they'll let you buy up to $100k worth of Hardman (and you get all the rights assoc with the fully paids).
You could go nuts and buy 50,000 at $2 using $5k equity. Then the shareprice has only got to go from $2 to $2.10 (a 5% movement) and you would have doubled your initial $5k investment......now that's leverage! Of course if the price went down just 10c you'd lose your initial $5k - that's the big risk.
Although you can also set it up so that you're never in danger of losing all your equity. Take $5k equity for example and buy only $17k worth of Hardman cfd's at $2. That effectively gives you a margin loan of $12k and your margin call price would be way down at $1.50. The price would only have to go from $2 to $2.57 for you to double your initial $5k outlay. Even if those warrants did look like a leveraged entry, the fpo's would need to go up a lot more than 57c before those warrants doubled in value, and there's really not too much risk of the fpo's getting anywhere near $1.50 and wiping you out.
I probably wouldn't talk someone into doing this straight after the recent big run up in the price, but it's always another option to get higher leverage if you ever want to. There's a few of us on hc that have been using IG Markets for a while now, incl Hardmano. Haven't heard any negatives about them.
Cheers,
Butcherano.
HDR
hardman resources limited
atention warrant guru,s hdrxoa, page-8
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