ARD 0.00% 1.4¢ argent minerals limited

Strong buying, page-11

  1. SRV
    3,252 Posts.
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    Options are more volatile than shares - they give you the right to buy stock at a price (strike price) before a future date - in ardo's case: http://www.ozstockstats.com/company-option/ARDO - So say today I paid 1c each for 400k options. I can either sell the options or exercise the right to buy shares if I pay the strike price. Either way it's a punt but not risking a massive stake. Option price tends to lag heads price by at least 10% - sometimes a lot more, so you're effectively leveraging on the share price.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $20.21M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $52.14K 3.678M

Buyers (Bids)

No. Vol. Price($)
16 2641772 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1685051 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
ARD (ASX) Chart
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