DXN 4.00% 2.6¢ dxn limited

DXNOD VALUE, page-30

  1. 2,012 Posts.
    lightbulb Created with Sketch. 565
    If you have $6000 to spend

    you could have bought either eg 300k of DXN at $0.02 or from memory about 1M of DXNOD

    now let’s fast forward to this hypothetical 5c SP

    The shares would be worth $15k, total $9k profit

    the options would be worth approx $24k, total $18k profit

    the value of the option is very roughly worked out at the current SP less the buy price of the option, and the exercise price combined.

    the reason the options made more is due to the greater leverage provided

    not advice and DYOR.... I’ve had a couple beers so it’s possible the math is out so don’t crucify me. But the facts still prevail in such a scenario
 
watchlist Created with Sketch. Add DXN (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $4.807M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $610 23.46K

Buyers (Bids)

No. Vol. Price($)
1 10700 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 70000 1
View Market Depth
Last trade - 15.13pm 03/05/2024 (20 minute delay) ?
DXN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.