AMM 0.00% 1.5¢ armada metals limited

Its amazing that a few options are still being traded above 1c....

  1. 161 Posts.
    Its amazing that a few options are still being traded above 1c. The SP will have to get to 18c if these options are still to be worth anything in a years time. If you thought the SP would go up 80% in 12mths wouldn't you be better off buying AMM not AMMO? At least the big fall in the SP has got rid of the problem of the huge options overhang. Even if the share price does get to 18c in 12mths any options exercised will just be a cheap capital raising for the Company.
 
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