Great post suhm.
I avoid options after having been burned with MNM. I bought the options instead of heads and ended up down 50% instead of the 500%+ gain I could have seen otherwise.
They do offer enticing leverage as you say, but the way I see it ARD offers multibagger potential without using the options so I play the safer route.
ARD is easily the most undervalued of the 4 pure plays on the ASX, but as you say awhile until production.
100% buyout of Kempfield was a great result for ARD. Surprised we haven't seen more upside in the share price with Silver at AUD$41.50+
Great post suhm. I avoid options after having been burned with...
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $31.81M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.1¢ | $118.9K | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3581053 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1844464 | 1 |
View Market Depth
| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| ARD (ASX) Chart |