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TV2, page-3

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    The higher it goes tomorrow the more valuable the options become. For example at 5 cents, the options are worth 1 cent. At 6 cents the oppies are worth 2 cents and so the value of the shares becomes even more valuable.

    So if the price goes down the SP becomes even more oversold plus options entitlement and thus that will bring in support regardless.

    Really I think one of two things will happen. Either the price will be held where it is or its going to go bunter.

    I wouldn't be so sure of it dropping back on Tuesday either because sometimes the exact opposite happens. I was in Silverstream many years ago that had a 3 cent dividend on a 24 cent SP and I sold just before the ex date fearing the 3 cent drop on my capital plus further drop in share price and it went to 30 cents. So not only did I miss out on the dividends but I missed out on 6 cent price rise due to it bouncing from being oversold.
    Last edited by BazzleDog: 05/06/16
 
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