You can buy 100,000 EMRO for $12000
100,000 EMR would cost $23000
If Valentine is a duster EMR could conceivably go back to 13c (lose $10000)
EMRO would probably head back to 5c (lose $7000).
Upside is similar in the event of success.
So yes you could lose more in % terms with EMRO but lose less in absolute terms, because you can buy the same upside for less.
oppies are a great buy, page-4
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Last
$3.66 |
Change
-0.070(1.88%) |
Mkt cap ! $2.401B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.67 | $3.57 | $5.417M | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7697 | $3.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.67 | 462 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| EMR (ASX) Chart |