With some clear buying at 1.1c which is now on the bid, the options don't seem like a bad bet at 0.1c?
If you are looking to buy a million shares at 1.1c, why not buy a million options at 0.1c, costing $1k, and then if the SP runs you convert and if it drops to say 0.8c then you have only lost $1k instead of $3k if you had bought heads.
MRQ - chart thread !, page-1284
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.84M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $3.114K | 834.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 33037734 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11623008 | 9 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |