PEN 2.17% 11.3¢ peninsula energy limited

some serious buy @2.3, page-31

  1. 5,301 Posts.
    carolz its all risk related.

    For a start its 2014. The oppies expire in 2015.

    12 months isnt along time before you need to either exercise them, pay the 3 cents to continue to hold them. Or try and sell them.

    There is the problem who ever you try to sell needs to think there a good buy.... yet there cureently more expensive then the heads. They carry more risk then the heads.

    So lets look at todays trading, some one was willing to spend $373000 on the heads and yet only $16000 was spent on the oppies. The reason is because if you get bad news you will be stuck with them.

    Some more expensive and higher risk is lower value.
 
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11.3¢
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11.5¢ 11.8¢ 11.0¢ $407.4K 3.561M

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No. Vol. Price($)
26 1427964 11.0¢
 

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Price($) Vol. No.
11.5¢ 1476643 18
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