IBX 6.90% 2.7¢ imagion biosystems limited

IBX Oppies, page-37

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    Chris2016, in the short term, buying the OAs with a limit on how much you can spend gives you a greater exposure in terms of unit numbers than buying the heads.

    100k heads now will cause you $3.1k damage.

    that same $3.1k would give you around 230k OA units but with a liability in three years time.

    the OAs will be tradable at all times and (hopefully) following the successful conclusion of trials at some future date every one cent rise will cover three quarters of your initial outlay.

    guess what happens then?

    it does the same thing the next day, then the next etc etc.

    you start looking at the range of colours for new e-vehicles and congratulating yourself for your sensitivity in allowing yourself to be swept up in the bouts of irrational exuberance and enthusiasm from knowledgeable punters on HC, many of whom are not only long IBX but also crystal balls.

    the oppie caveat: sell or convert before expiry.

    i bought OAs.
 
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