We have almost reached a little "tipping point" for DXNOD.
i.e. I expect the options to now track the SP quite closely pip for pip as the premium paid for the options starts to erode as the price moves higher.
Still a lot of leverage there, DXN moves up 1 cent or about 33%, DXNOD moves up 1 cent or almost 100%. So still a good play for those with confidence.
I ended up with way more options but hoping that ends up being a wise move, and I will likely convert some of these in the future as planning on holding some DXN for many years to come.
It's not hard to dream about DXN becoming say a $200 - $300M company, or ten times the current size. I believe it is very achievable in the medium to longer term.
But happy to get through 5 and then 10 cents in 2020 first as they build their business, momentum and market position.
DXN Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
