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
no cents --- once the oppies are in the money, i.e SP above 30c,...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.09M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $96.35K | 802.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 129992 | 2 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| LRV (ASX) Chart |