AUL 0.00% 28.5¢ austar gold limited

options--good investment

  1. 223 Posts.
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    MNMOA seems to make good investment sense.
    When you spend the same amt of money to buy options as the heads, you control a greater no of shares and leverage up your position and profit when the share price goes up.
    At 3c now and a future conversion amt of 7.5c per share, if we don't think MNM will go beyond 10.5c per share in 2 years, we might as well look for another better share--if you can find any.
    With a limited supply of options, let's see how many more big sellers they are.
 
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