pre market games.
0.07 has been the base since the unusually high volume buying a month ago. imo, a buy at that level is gd.
based on charts 0.008's a resistance level, sp has been testing it several times now.
the options represents some good value too. RMIO - exercise price of 0.008 before March 2012.
basically if u reckon RMI's sp will increase further down the road with the progression of Wowo (results/farmout), the options is gd value. offers twice the exposure.
senario:
a 10k buy for FPO get you 1.25million FPO
a 10k buy for options get you 2.5million RMIO
when/if sp reaches 0.01 and rmio reaches 0.006 (i guess it will at least reach this level short term)
profit for FPO - 2.5k
profit for RMIO - 5k
quite a gd risk/reward for the options, with long time to run and almost in the money at this price
trade winds, page-4
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.69M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4035 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 19900 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| RMI (ASX) Chart |
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