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2.22% 4.6¢ biotron limited

BITOA/ BITOB, page-61

  1. Just_Westy
    4,450 Posts.
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    14/10/18
    11:26
    Post #: 36117067
    It's all about leverage, he could have sold them on market for. 08 and made 40 bags !


     Or bought heads at the same time for. 02  and made 4 bags.


    Or converted then sold and made opprox 60 bags. 


    Options are about leveraging your position.


    I didn't buy Bitoa because I will be out of the country from tomorrow until December and didn't want the hassle of conversion whilst I was away. Also didn't want to have to try and exit Bitob whilst travelling either if it goes pear shaped. Heads are easier to manage.


    BIT Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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