MMX 0.00% 4.7¢ murchison metals ltd

re: bet both ways

  1. 2,858 Posts.
    Recently there was "similar " thug of war between BPT and DLS
    I bet both ways .
    Takeover failed DLS went short term from $ 0.029 to $0.13
    BPT went down from $ 0.85 to $ 0.75

    my theory if MMX win it will be quick from $ 1.60 to +$ 3.00
    if lose it will go to $ 1.00
    if CHM win it will go from $ 0.03 to +$ 0.10
    if lose it we go back to $ 0.01
    Basically down side of losing company is less than upside of the winner in short term.
    PS:
    This is not financial investment or gambling advice
    only IMO
 
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