Nothing is 'safe' with a negative result. You can bet the heads will drop more than 15c with a negative result which is near the entire value of the oppies.
if heads are 40c+ and trial fails, sub 10c will be the sp. Thats a 30c+ loss.
If the oppies are bought at 30c and the trial fails... same loss.
whatever price the heads and oppies trade at is irrelevant, as the sp with a fail pre mid next year will result in a MC sub $50m.
people feel the dxob value is 15c conversion price minus the heads sp. This is very wrong. The added buying power you have buying dxob at say 10c below the sp greatly multiplies your profit ghe higher the sp goes until 15c conversion is nearly irrelevant.
Nothing is 'safe' with a negative result. You can bet the heads...
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 (20min delay)
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Last
34.5¢ |
Change
-0.015(4.17%) |
Mkt cap ! $189.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 34.5¢ | $1.017M | 2.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 105388 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 90855 | 7 |
View Market Depth
| Last trade - 11.47am 06/05/2024 (20 minute delay) ? |
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Last
34.5¢ |
Change
-0.015 ( 4.14 %) |
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| Open | High | Low | Volume | ||
| 36.5¢ | 37.0¢ | 34.0¢ | 1373742 | ||
| Last updated 12.06pm 06/05/2024 ? | |||||
| DXB (ASX) Chart |