CRJ 0.00% 1.5¢ caravel energy limited

A scenario. Say you have $20,000.00 you buy oppies at 9 cents...

  1. 3,230 Posts.
    A scenario. Say you have $20,000.00 you buy oppies at 9 cents say 200,000 shares. You buy $20,000.00 of ordinary shares at say 22 cents say 90,000 shares.
    They then do a CDU and announce all sorts of goodies taking it to $7.00 Oppies $6.70
    Oppies 200,000 x $6.70 = $1.34 million
    Ords 90,000 x $7.00 =$630,000.00
    Oppies being out so far in exercise worth the punt.

    Same outlay with greater leverage.
    D.Y.O.R.
 
watchlist Created with Sketch. Add CRJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.