for a start it is fully underwritten, which means the exploration expenses have now been met
the 4c share and free option:
the options are already virtually in the money and worth 1-1.5c
this is how I think it will work out:
1) shares in BTV will rise to 5.6-5.9 prior to holding date so existing holders win
2) on a holding of say 200000 purchased at today's price say 5c ($10000), you spend a further $2000 ($12000)
you then own 250000 shares worth say 5.5 min ($13570) and 50000 moptions worth 1.5c =($750)
$14320
profit $2350
and you are now participating in a fully funded exploration program in the hottest commodity and in the right state
which will hardly see the share price decrease
I predict that in the above example your investment of $14320 held for 6 months will be worth as much as $30000 (min .08 ands .03= $21500)
that's why I am going in for more
correct me if I am wrong (preferably before the bell LOL)
cheers
- Forums
- ASX - By Stock
- BTV
- this has got to be so good!
this has got to be so good!
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BTV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online