Oppies definitely give way more leverage and upside advantage. I am 2 to 1 oppies to heads. Mainly keeping heads for exposure to any rights issue that may happen, and for voting power if a take over or farm out happens anytime soon. Oppies have no time premium at the moment and are the better buy. I bought more oppies yesterday near the close. Downside (if you can really call it that?) of oppies is they are not as liquid as heads, they are mostly tightly held and a few here have big numbers. Traders who are churning oppies at the moment are doing so without extracting any time premium. Accumulate whatever you can afford IMO
Good News up Coming, page-83
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $78.15K | 38.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 120098264 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 583908266 | 234 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |