Options are still the pick IMO.
Plenty of time to exercise and they are trading consistently at a discount to the FPO's (including the exercise price).
Normally in this situation the options will trade in a range of 12-18c behind the heads. Given the long time until expiry, you could see closer to the 12c range.
If you think CYS can go to $1 (and CYSO 80c) then do the numbers.
$10,000 to invest.
CYS - .52 = 19,230 shares
CYSO - .28 = 35,714 options
CYS goes to $1.
CYS = 19,230 x 1 = $19,230 (9,230 profit)
CYSO = 35,714 x .8 = 28,571 (18,571 profit)
Disclosure: I hold CYSO only. I bought some more today. I am not a seller.
Regards
- Forums
- ASX - By Stock
- PIL
- pushing on.....
pushing on....., page-44
-
- There are more pages in this discussion • 3 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 PIL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.72M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $6.295K | 930K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 14048550 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 2980317 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 14048550 | 0.006 |
15 | 11439766 | 0.005 |
6 | 9650249 | 0.004 |
3 | 2166670 | 0.003 |
4 | 13300000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2980317 | 4 |
0.008 | 6124846 | 16 |
0.009 | 4931101 | 9 |
0.010 | 5023427 | 6 |
0.011 | 1680000 | 4 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
PIL (ASX) Chart |