XAO 0.17% 8,083.8 all ordinaries

Short Term Trading Week Starting: 19 Feb, page-260

  1. 6,951 Posts.
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    I was very happy to pick up a million options of BRK first thing this morning at 0.004, offers amazing leverage to the heads and are almost in the money with a 2 cent strike price, red leaf have given a valuation of 8 cents for the heads based solely on the acreage value BRK hold, now its producing 2.5 million AUS and once production increases will be around 7.5 million AUS for a company that has a MC of 15 million.

    so even if the heads get to 5 cents well under valuation it will mean a Disallowed for the options.
 
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