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11.0¢ american west metals limited

Note -- Arbitrage requires simultaneous buying and selling - my...

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JandJ

10,647 Posts.

2858

22/06/24

14:45

Post #: 74438918
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Originally posted by JandJ: ↑

Tax loss selling over I think - savage this year, but peeps in the know (tax accountants could have ideas to share)

Now the investment plan will be to see the oppies in the money as the news conveyor gets up to speed (it will) and look for arbitrage on oppie investment into exercise. Yep, not for the faint hearted, and definately not for investment of the family savings.

I have been rotating out of heads into oppies on Summit - arbitrage of 5c on in the money oppies selling at 20c. (25% instant gain) (strike price 25c, 2025, heads 50c) - Check the thesis, if heads go to 100c - oppies should sell for 75c which is 75/20 x 100% gain. 100% gain on heads yields 375% gain on oppies.

AW1 is a goer, risk free because of last years work, but blue sky due to keen geophys and deep sed copper a strong probability.

DYOR.

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Note -- Arbitrage requires simultaneous buying and selling - my use of the term is flawed.

Classic example was Texas Crude and North Sea Oil - when they separate buy one and short the other because they always crossed. LOL

AW1 Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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