I appreciate your feedback sentia717. I am currently free carried of a modest parcel so effectively the share price would need to fall below 15 cents (averaged up price if I bought more at 20c) during the period up to and past 18 July for me to lose out. I have no crystal ball, but I can't see a reason why the price would go near or back to the price prior to the big announcement last month; failing a major market meltdown.
If all goes to plan I could sell the heads at a tidy profit and have a parcel of 10000 (not much I know) options for next to no cost.
I agree that timing is very important so an early trade is required.
MXR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
