ADN 7.14% 0.7¢ andromeda metals limited

Happy for you/anyone to explain how the leverage works. To me,...

  1. 22,683 Posts.
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    Happy for you/anyone to explain how the leverage works.

    To me, oppies at 3.1 is identical to paying 4.3 for the heads.

    Easily available at 3.9 cents. so paying approx. 10% extra.

    Buying oppies, with no intention of converting, can prove to be

    a strategic move, but buying oppies,with the intention of converting,

    doesn't sound logical, when buying the heads was cheaper.
 
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