These PTXOC are fantastic leverage to PTX IMO
with strike price of 6.25c and long expiry of March 2023, you can buy more of them than the FPO shares for the same outlay - so ore exposure and more profit (or loss). That is the one angle. The second and more powerful angle is that for every cent PTX FPO climb, the oppies should follow. by te same absolute amount. That corresponds to a greater percentage return on your investment. BUT not only that - oppies should in fact trade at a premium to FPO given the time value and no need to cough up the 6.25c until march 2023, so there's your third mechanism of leverage since at the moment they arent quite trading at a premium. this should kicj in once the share obtains a decent amount of market momentum.
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Last
4.3¢ |
Change
0.002(3.61%) |
Mkt cap ! $34.62M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.1¢ | $14.70K | 349.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15222 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 20003 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15222 | 0.042 |
2 | 24190 | 0.041 |
4 | 159000 | 0.040 |
3 | 186360 | 0.039 |
3 | 750222 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 20003 | 1 |
0.044 | 286522 | 2 |
0.045 | 409634 | 4 |
0.046 | 298002 | 2 |
0.047 | 488389 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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