oppies have a higher risk profile - less liquid, more volatile, higher leverage. Buy 20k @0.5c (4Mill) and sp goes to 10 (say 5X) oppies will be at 6c (roughly) which is > 10x. If it goes the other way you will be at a loss 20% a tick (from 0.5c). Not usually good for a short term trade (but can be sometimes with the right size trade etc)
cheers
MD
OARO - how to exercise?, page-11
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $6.601M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $783 | 516.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 109 | 306525864 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 52112900 | 24 |
View Market Depth
| Last trade - 10.48am 08/11/2024 (20 minute delay) ? |
| OAR (ASX) Chart |