The oppies could go either way.
I picked up a few the other week at .03c. I also have buy orders placed at .2 and .1 of a cent.
With a huge amount of oppies to come onto the market we could see sellers emerge at .2 cents....making your and my purchases look very expensive.
Hard to establish their intrinsic value, whilst they have plenty of time value in them, the heads are along way from making these in the money, so at present the actual heads are better value with far less risk.
Obviously should we break 1c on the heads then these will see real percentage gains with each up tick.
I am betting we see some more oppies hit the market in coming days.
Kiril.
I hold.
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The oppies could go either way.I picked up a few the other week...
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