CDV
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0.00% $1.08 cardinal resources limited

Mid April I was happy paying 6.1c for options when heads were...

  1. FastBarney
    234 Posts.
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    28/06/16
    17:54
    Post #: 18143826
    Mid April I was happy paying 6.1c for options when heads were 15c. Fast forward to today and heads are 29c and options 13.5c. So a 14c rise in heads compared to 7.4c in options. With options now trading at a discount at todays close, all future gains must move in parallel, otherwise just buy options and exercise them.
    Whatever way you look at it, if you believe the price will rise further, as we do, then the options are a screaming buy at this level.
    CDV Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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