MEI 0.00% 12.0¢ meteoric resources nl

meio options, page-5

  1. 377 Posts.
    lightbulb Created with Sketch. 33
    Get some of the options if you havn't already MEIO, they are almost "in the money" at the moment. (Not financial advice)

    Current stock price is $0.045 per share, with MEIO is trading at $0.025 having a strike price of $0.024 per share.

    Hence is MEI stock goes above $0.049 than the options are going to make you profit.
    Based off this mornings announcement I imagine the MEI shares will trade over 5c today.
    Hence the options are a great way to get more exposure for less.

    For example $1000 bus you 22,222 shares of MEI
    Or $1000 can buy you 40,000 options.

    And when the company goes bananas, you make a bunch more off the options.

    All IMO obviously.
 
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Last trade - 11.00am 25/07/2024 (20 minute delay) ?
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