No Ztriker I'm not joking. I thought I said I didnt think the shareprice would get much higher than 9c. On that basis the extra gain of 15% or 20% at the risk of losing everything (yes that is possible with options) is not worth the risk. That is just my take. I predominantly trade options and on the basis of experience with other stocks in simlar positions in respect to FPO versus Oppies at these price levels, I think it is over-priced. If I thought it would reach 10c easy then my opinion would maybe be different.
I am interested in this free oppie thing though. Maybe thats the reason for the premium.
buying pressure starting to mount, page-20
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Last
$2.77 |
Change
0.000(0.00%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.78 | $2.62 | $52.50K | 19.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.78 | 708 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DSE (ASX) Chart |