That makes very little sense. You'd buy them for $8k to throw away $8 because you can buy them again at $25k when they're worth a lot less presumably because results are bad? Oppies aren't much leverage at the moment, because with 3 months left, you'd almost assume you have to convert them anyway.... which will cost you the $38k total regardless. Or if you don't have the $30k you need to convert them, you'll need to dump them to someone who does. They'll trade less and less and with negative discount the closer we get to Sep.
You're really gambling on the timing of a move if you buy them now.
- Forums
- ASX - By Stock
- Presentation
That makes very little sense. You'd buy them for $8k to throw...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.79M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.7¢ | $8.603K | 229.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 279800 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 5137 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279800 | 0.037 |
2 | 521127 | 0.036 |
3 | 316429 | 0.035 |
2 | 67424 | 0.033 |
3 | 356000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 5137 | 1 |
0.039 | 352472 | 3 |
0.040 | 157500 | 2 |
0.042 | 100000 | 1 |
0.043 | 50000 | 1 |
Last trade - 12.57pm 15/07/2024 (20 minute delay) ? |
Featured News
HMX (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online