OAR 0.00% 0.2¢ oar resources limited

OAR minus OARO should be .9c or lower not over 1.1c gap, page-194

  1. 505 Posts.
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    Just to get back to OAR - 4c strike, + premium or discount as the case may be. As prices move up the leverage is lessened so best to get in as early/low as possible. Premium will be due to leverage and long expiry and upward momentum, discount will be the opposite (less leverage, short expiry, low liquidity etc). IMO main reason to buy now is you get more exposure/leverage for your $. At the moment they are priced at a premium because of this - will be interesting to see where they are when heads are 10c - maybe 7c ? (1c premium)
 
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