KRR 0.00% 0.9¢ king river resources limited

I can think of two reasons broadway, You can buy the right to 15...

  1. 67 Posts.
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    I can think of two reasons broadway, You can buy the right to 15 options for the price of one head ATM. This LEVERAGE offers an opportunity for those who are bullish on the stock. If the price goes well over 10c the buyer has the option to exercise, 'buying' lots more shares than they could have justified or afforded now. If the price goes a little over 10c... say to 12c the buyer could also sell the options, that would be worth about 2c. Making a fourfold increase in capital. Not bad. All hypothetical of course. I believe management haven't forgotten about KRCOA holders. The 18m in a months time is worth more valuable then the bonus oppies millions later. GLTAH.
 
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Mkt cap ! $13.98M
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0.9¢ 0.9¢ 0.9¢ $6.326K 702.9K

Buyers (Bids)

No. Vol. Price($)
3 2447652 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 4894877 10
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Last trade - 10.34am 02/05/2024 (20 minute delay) ?
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