LHG unknown

looking for leverage?

  1. Rondog
    677 Posts.
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    05/09/03
    12:30
    Post #: 240938
    If you have access to the AFR or charting software, you can check to see how volume in LHGWOB call warrants with a 30 Oct expiry, has been building.

    Fundamental reasons for this are:
    1. Gold price is rising.
    2. DOW / USD$ weakening

    Technical reasons for this are:
    1. Flag pattern developing
    2. 30 Oct warrants have a $1.40 strike, so its currently in the money.

    Not advice. Just some straight forward info available from open source material.

    Cheers

    PS - Too bad BGN and CIR don't have Call Warrants.
    LHG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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