Aries
"if share price of gge reaches 2.5c then options would be 2.5-1.5 =1.0cents"
Who in their right mind is going to buy an op @ 1.0c
with an Sp of 2.5c and an Ex price of 1.5c ?
SO:
There must be another way to nominate an opt price .
One third of Sp ? Punters Rule of thumb ?
Sp .06c ,Op .02 BUY and wait for Sp 3.0c ,op circa 1.0c, sounds like a good deal.
Problem with that is A: finding a buyer for the Ops@ 1c or
B: $15,000 for every Mil to Ex.
CH$$RS R15
Aries"if share price of gge reaches 2.5c then options would be...
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