MTL 50.0% 0.3¢ mantle minerals limited

CAD v CADo

  1. 28 Posts.
    lightbulb Created with Sketch. 6
    Can't buy CAD at .003
    Can buy CADo at .002

    Purch $10k CAD at .004 I get 2,500,000
    Purch $10k CADo at .002 I get 5,000,000

    If the stock runs to .008
    CAD = $20k and $10k profit
    The options should be .006
    CADo = $30k and $20k profit
    Even at .005 $25k and a profit of $15k.

    Does the leverage outweigh the risk of having options when the options don't expire until 2020?

    That's my math, what does everyone else think?
 
watchlist Created with Sketch. Add MTL (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $18.59M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $35.32K 11.96M

Buyers (Bids)

No. Vol. Price($)
27 34709508 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 57077174 45
View Market Depth
Last trade - 15.29pm 09/05/2024 (20 minute delay) ?
Last
0.2¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.3¢ 0.3¢ 0.2¢ 7401778
Last updated 13.50pm 09/05/2024 ?
MTL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.