Whilst I already hold quite a few heads and options I bout another 2m options today. Whilst many will think i'm mad, and that's highly possible, I think it's a reasonable punt. A punt is exactly what it is as well. I see 3 possible scenarios. 1 Options expire out of the money and I loose the lot. 2 AKK share price goes up on news from a good report. I could make a lot or a real lot. 3 Options reach their expiration date and are given a new expiration date adding a year or 2 to their time value. In this case I believe i'd make a lot with the future potential for a real lot.
I think scenario 3 is a big chance with all the options the directors now have.
So am I completely mad or am I making a calculated gamble???
AKK Price at posting:
2.2¢ Sentiment: LT Buy Disclosure: Held