An example of the leverage you get going the options route.
Initial Investment: $25,000
You can either buy 143,000 heads at 17.5c or 500,000 options at 5c.
By December 2024, for example, if SP is up 5x to 85c which is still only $75m Market Cap, options would be trading at 55c
Heads 143,000 x 85c = $121,500
Options 500,000 x 55c = $275,000 So for same investment the options are +$150,000 better investment than the heads
DYOR
LRVO, page-13
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Last
13.5¢ |
Change
0.015(12.5%) |
Mkt cap ! $41.57M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 13.5¢ | 11.5¢ | $416.3K | 3.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 346647 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 583326 | 4 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| LRV (ASX) Chart |