FGR 7.27% 5.9¢ first graphene limited

I may be a sucker - have lost a fair swag of dosh over the...

  1. 103 Posts.
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    I may be a sucker - have lost a fair swag of dosh over the years- but smack a few outta the park from time to time.
    The reason I'm still in here is not masochism. I like winning more than the painful losses. Having said that - -

    I think- Just My Opinion though - - FGR wants the bolus of money coming mid August from options to grow the business and they will do cartwheels to get us in there - deeper into the chasm. Okay - I like some scary places like that.

    So if you paid 4 cents for 100 K options, and want to exercise B4 expiry, you need to see SP 0.30 to be 1 cent ahead AND cough up 25K.by mid August. I think the company will be doing a few surprise tricks to get the SP up nicely pre-FGRO expiry..

    Call it card up the sleeve or whatever. If I had liquidity I would buy a truckload RIGHT now because of the aforementioned theory.
    They want all our options exercised and I think the SP will be down but then good not too long after a dilution retreat post FGRO exercise.

    IMHO GLTA

 
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5.7¢ 5.9¢ 5.7¢ $46.34K 804.2K

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Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
Last
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