MOY 0.00% 5.1¢ millennium minerals limited

Given support on SP at 3.4 the oppies (if 3.4 remains as the...

  1. 373 Posts.
    Given support on SP at 3.4 the oppies (if 3.4 remains as the low) will/should not drop below 0.004 until expiry date.

    Even if the SP drops to 2.8 next week, the oppies would still be 0.001/0.002, cannot drop any lower, unless there were no buyers,

    But given the gearing upside, ie buy at 0.001 or 0.002 and sit for 2 months......if the SP goes back to 3.5 (and we are producing now) % profit is great.

    Basically buy the oppies, downside for next 2 months somewhat limited, upside.... if the SP goes to 4, 100% profit.

    Just like the look of this currently

 
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