"It's all about leverage jabroni, and if you can't see that an option with two months to run and no premium is good value, whatever the stock, then there's no point in trying to explain."
Timmy
I don't want to side with our "mate" Scotty, but you are correct that the gearing % on the LOMOBs is much greater than the heads on any price increase, however conversely it is also much greater negative if the SP falls.
The gearing benefit only occurs if the SP increases so it is all about risk.
The time element of the gearing value reduces each week as time to exercise gets nearer.
It is quite easy to make a case for the heads being the better value for money at the moment (taking risk into account)
LOMOB, page-33
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155809 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 157173 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
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