MDS 6.25% 15.0¢ midas resources limited

awesome ... dont you just love this!!, page-9

  1. 12,454 Posts.
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    GGJJ

    IMO MDSOC has been the better buy till now ... from my point of view, the 10 exercise price on the MDSOB's was an issue especially if you wanted to accumulate a large parcel cheaply ... I have been accumulating the OC's since they were 2 cents. And felt safe doing so.

    However with the OC's trading at 8 cents ... the FPO's are becoming the safer entry with only 4 cents leverage.

    So that makes the OB's now an interesting proposition. The FPO's look solid at 11-12 cents, so with an EX-price of 10 cents, and only trading at around 3 cents, the OB's are now looking safer, and offer far better leverage at a lower cost.

    Each one needs to make their own call though as we all have different risk/reward ratios

    cheers for now
 
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