JKA 0.00% 0.3¢ jacka resources limited

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  1. 19,172 Posts.
    lightbulb Created with Sketch. 1838
    Been thinking more about this one and I can see why someone would consider this play.

    Oppies are only exercisable at 0.006 (yes...point 6 of one cent) and not until 2021!!

    Naturally you're punting on Max getting a good deal over the line (a view I share).
    If so, let's say over time, the share price went to 3c (highly likely IMO).
    As buy in is currently 0.003, that's a Disallowed on the heads at today's prices.

    A 3c share price would have the oppies at at least 2.5c.
    Purchasing yesterday at 0.001, gives the punter a whopping 25 bagger!!

    Nice.
 
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