MLS
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5.26% 2.0¢ metals australia ltd

options provide better entry

  1. scrabble1
    5,726 Posts.
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    26/10/07
    11:36
    Post #: 2936703
    MLSOA currently at 5.3c and MLS at 10c/10.5c.

    I know it is obvious to say that MLSOA provides better leverage than MLS given the ex price is 5c but given that MLS is going gangbusters today and likely to continue being rerated, MLSOA provides the better entry. The oppies should be at least 6c IMO.

    42m already churned in 1.5 hours.

    Cheers
    MLS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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