BRK 0.00% 1.2¢ brookside energy limited

BRKOB is a bargain, page-69

  1. 204 Posts.
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    My plan is to hold the oppies till we see a few bags of profit, then sell down the number required to cover the exercise of the remaining units. I'm hoping to load up some more in 2 weeks time, taking my total holding of BRKOB up to 7 million, then hold them till they reach $0.09, then I can sell 10% of them and use the $63,000 to convert the rest. That will give me 6,400,000 shares at an average price of $0.016.

    My main risk is the lack of liquidity in the options when/if they reach my goal price, so I might need to sell down earlier and decrease the number of options that I can convert, but regardless I should stand to make a tidy profit.
    Last edited by Hogesjzz30: 22/07/21
 
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