re: most undervalued options and stock on the asx
January 2006 NTA and Monthly Investment Update The NTA1 as at 31 January 2006 before tax was $1.92 (31 December $1.70 per share). The NTA after allowing for tax on realised and unrealised gains was $1.65 (31 December $1.49 per share).
Currently trading at $1.24 with options trading at 23c Option excercise price is $1.10 and dont expire until Novemeber. Last month Nta rose 22c again, if it keeps going at this rate the options should double in price very soon. Note have made a lot of new investments in overseas gold miners and resources are now recovering again.
GMI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held