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08/05/17
16:53
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Originally posted by trippa99
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i bought AGOOA options and I have probably done my money on them.
One thing that remains in the back of my mind is the big players hold the AGOOA and small players hold AGOO. the big players can always bring the share price up anytime they feel the need to do so.
It is a longshot but given the extra month on AGOOA, with AGOO expired, anything is possible. From memory there are about 4 billion AGOOA which at 0.1c are worth $4 million. at 1c they are worth $40 million. who knows, the large holders may bring some amazing magic to the table if they want to cash them in for money. They managed to get AGO from 1-2c zone to 5c when it pleased them so i believe anything is possible.
One thing I have learnt from markets is expect the unexpected.
ps. i did note it is a longshot but i wont give in until expiry occurs
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Mate I wish everyone the best that holds them. I just dont know enough about options to make a call on how they affect the SP. Anything that will lift the SP for AGO is a good thing in my books.