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0.4¢ adelong gold limited

Hope your questions have been answered here. Nothing I can add...

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Hoodlum

3,656 Posts.

677

10/06/21

19:47

Post #: 53777912
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Originally posted by BeachyPeachy: ↑

Thanks @Hoodlum. Can I contact you separately re the options? I've kind of jumped in on the back of CJTJ's 20m buy and thought it can't be bad but I'm not totally understanding what I got myself into other than it must be good (Yep I know, "Rookie", have a laugh)

Research before-hand indicated to me that the strike of .0042 + my options buy, means my break even is .0064, if I convert them. That's another thing all together as I'm not sure what that involves, but I can contact my broker for that.

When it comes to selling, I know I can sell as I would shares, so that's fine. Is there a point in time where the option price is unattractive or does it just keep going like the breakeven price eg: I sell at .005, SP is at .009, break even for the buyer would be .014?

Everything I google about options, basically talks about 1 share = 100 options but that doesn't make sense for this stock. Any enlightenment would be great.

Thanks @CJTJ for having this stock as I followed you from ADN (I got in later on that one) and liked what I saw in DDDs Investor Presentations.

Thanks
Peachy

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Hope your questions have been answered here. Nothing I can add as the others have given you accurate information.

Good luck.

DDD Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $3.912M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
34	20773917	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	1855258	3

View Market Depth

No.	Vol.	Price($)
34	20773917	0.003
7	17950000	0.002
11	40055001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	1855258	3
0.005	8319997	11
0.006	4361000	4
0.007	5864601	6
0.008	1621320	4

Last trade - 07.36am 08/10/2024 (20 minute delay)

ADG (ASX) Chart

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