Think it is like this.
Today $10,000 would buy you:
333,333 options or 147,058 shares
If share price gets to 0.15c like some people seem to think. Then you are ahead buying options.
Options: 333,333*0.15c = $50k - $16.66k conversion = $33.3k
Shares: 147,058*0.15c = $22k
you get a slight leverage for your money. With some risk.
MGTOC MGTOD Options, page-159
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 33.5¢ | 29.0¢ | $149.9K | 478.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 3409 | 1 |
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| Last trade - 15.33pm 17/07/2024 (20 minute delay) ? |
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