Hi Mulla,
100% gains on MREWMA from current prices are hardly out of the question.
Current Nickel prices suggest MRE should be trading at least around $2.60, however it does not.
If MRE did trade around $2.60 over the next few weeks or so MREWMA will be trading around 16 cents.
Downside from here is small but upside is huge.
I am planning on holding MREWMA to the death(near expiry time).
A 20 cent dividend should very shortly be approved to shareholders. This will cause MRE prices to jump atleast around 20 cents per share(Yes I am a genius, lol).
Call option holders such as those holding MREWMA will benifit the most.
IMHO of course.
Cheers.
Hi Mulla,100% gains on MREWMA from current prices are hardly out...
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Last
$1.99 |
Change
0.010(0.51%) |
Mkt cap ! $300.5M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.99 | $1.97 | $314.8K | 159.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3199 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 107001 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |