My thoughts exactly... I bought a parcel first thing this morning and then offloaded as soon as I could (thankfully at a small profit) when I realised that I had misread the exercise price. Realistically, the share price needs to bag at least 5-6 times before any positive leverage over the heads comes even comes into play with the options. It could be possible, but by the time this gets to 25c, you'll be up 500% on the head price anyway if you bought today, in the extremely high risk range. Good luck to everyone though!
My thoughts exactly... I bought a parcel first thing this...
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Last
5.8¢ |
Change
0.003(5.45%) |
Mkt cap ! $16.30M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 6.4¢ | 5.3¢ | $405.8K | 6.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 95000 | 2 |
View Market Depth
| Last trade - 15.51pm 01/05/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
0.003 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 6.5¢ | 5.5¢ | 2591871 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| MTM (ASX) Chart |