SUM 7.89% 20.5¢ summit minerals limited

Baby Boomers really understand how options shoud be valued as...

  1. 782 Posts.
    lightbulb Created with Sketch. 93
    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.
 
watchlist Created with Sketch. Add SUM (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
0.015(7.89%)
Mkt cap ! $14.73M
Open High Low Value Volume
19.5¢ 21.5¢ 19.5¢ $373.9K 1.827M

Buyers (Bids)

No. Vol. Price($)
3 52382 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 20860 3
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
SUM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.