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40.0% 0.3¢ tasman resources ltd

re: dark cloud cover...no it hasn't... Kalgurli...Yes, I had a...

  1. trade4profit
    15,276 Posts.
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    24/11/04
    19:28
    Post #: 673479
    re: dark cloud cover...no it hasn't... Kalgurli...

    Yes, I had a bit of trouble topping up on the options at "reasonable" prices today...

    I was expecting they might drop as low as 4c or 5c on the back of the panic driven selling in the OFP's, but I think 7.2 is about as low as they got...which is still a very healthy premium!

    Perhaps I might have more luck tomorrow?

    Given their "life" till expiry however, (Feb 06), they are arguably still undervalued even at todays lows!

    Sentiment beyond the next 5 minutes, usually shows up in the options, so the fact they appear to be defying gravity speaks volumes in my opinion.

    Cheers!
    TAS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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