RRS 0.00% 0.1¢ range resources limited

I hear what you're saying ds.It may not drop at all depending on...

  1. 3,195 Posts.
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    I hear what you're saying ds.

    It may not drop at all depending on the underlying trend and what the supply/demand balance is on the day.

    Having said that , and having stated that anybody buying today was effectively buying for an average price of 8.2 cents, the lucky person who got some oppies (exercise price 5 cents) at 3.2c - the low for the day, basically got all of the benefits of an option viz time value, leverage, opportunity benefit of parking your 5c in the bank for 2 years (as someone posted earlier) etc.. - they got all of that FOR FREE.

    Good luck to them.

 
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