ZMM 30.8% 0.9¢ zimi limited

QFY; New kid on the block, page-53

  1. 27,565 Posts.
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    That's cool - I'm just giving my observations .

    Fair value in the days price of heads - is often traded much higher due to leverage .

    I've seen fair value calculations on a snap shot of head price - but these don't restrain the greed factor of speculative buyers .

    Plain and simple it's a forward looking punter. He wants 3 x 8 = 24 than 1 x 12 in the above example .

    Even 2x 8 beats 1x 12 etc
 
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