no cents --- once the oppies are in the money, i.e SP above 30c, it will go up more or less proportionally. But the leverage they provide means people might pay a premium as well.
SP 50c = Oppies 20c
SP $1 = Oppies 70c
SP $2 = Oppies $1.70
Just roughly --- so if you buy 100k oppies for 10c = $10k and the SP goes to $2 (LRVO = $1.70) your oppies are now worth $170,000 = 17x
If you buy 100k of shares at current price 26c = $26,000 and SP goes to $2 -- they are now worth $200,000 = 7.7x
LRVO, page-64
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
0.035(10.6%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 38.0¢ | 31.5¢ | $2.090M | 5.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 213449 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 7000 | 1 |
View Market Depth
| Last trade - 11.25am 22/08/2024 (20 minute delay) ? |
| LRV (ASX) Chart |