TLX 2.60% $18.00 telix pharmaceuticals limited

yeah tlx instalment warrants have existed on the market which is...

  1. 207 Posts.
    lightbulb Created with Sketch. 58
    yeah tlx instalment warrants have existed on the market which is largely the same thing. TLXKOA from memory is the stock code. For anyone thinking of a gearing strategy please seek the advice of a licenced financial adviser as gearing while maximising gains can also lead to destroying capital if the headline stock heads south.

    for example. The instalment warrant above last traded at $10 with a strike price or call option of $7 at the end of calendar year 2029. So if Telix the head stock goes to $28 those that own the head stock go up around 50% from todays price where as the instalment warrant should trade up $10 being $20 so the gain is 100%. Sounds good but the same magnitude can happen in reverse. $18 goes to $8 I still have some capital left but my warrant goes from $10 to nothing.

    I did look at this call option but as aggressive as I am with tlx I saw there was next to no liquidity. My number one condition in investing is liquidity.


 
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Last
$18.00
Change
-0.480(2.60%)
Mkt cap ! $6.023B
Open High Low Value Volume
$18.30 $18.44 $17.97 $17.04M 940.3K

Buyers (Bids)

No. Vol. Price($)
3 3545 $18.00
 

Sellers (Offers)

Price($) Vol. No.
$18.03 2030 1
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Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
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