AUL 0.00% 28.5¢ austar gold limited

ik, page-13

  1. 4,255 Posts.
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    Looks like someone sold a few MNM and bought MNMO a few seconds later...

    The value of the two transactions are almost the same if you consider a transaction fee..

    They must be bullish and maybe they thought the MNMO had more leverage if the SP rallies in the next few months...

    Lets say MNM hits 20 cents in June 2014

    50 000 MNM will be worth $10k
    183 000 MNMO will be worth about $29 k based on MNMO being 16 cents

    Oppies are definitely higher risk higher reward IF the share you like rallies...

 
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