SUM 5.88% 18.0¢ summit minerals limited

SUMO, page-134

  1. 792 Posts.
    lightbulb Created with Sketch. 97
    Baby Boomers really understand how options shoud be valued as back in the 70's-80's most mining stocks issued options.

    From On-line Stock Options calculator

    Results Summary
    Current stock price $0.54
    Number of options 1
    Strike price $0.25

    Theoritcal Option Price $ 0.29c

    Add 1/2c premium for 12 month
    Buy Now Pay Later plan at say 2%

    If you have a long term belief that this stock will be higher in 12 months then the leverage (in buying the options) makes the options a no brainer.
 
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Last
18.0¢
Change
0.010(5.88%)
Mkt cap ! $12.93M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $50.12K 277.5K

Buyers (Bids)

No. Vol. Price($)
1 24999 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 100000 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
SUM (ASX) Chart
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