VIL 0.00% 1.6¢ verus investments limited

"Educator" above mentions options are a way of leveraging....

  1. 31 Posts.
    "Educator" above mentions options are a way of leveraging.

    Thusly I have $1000 I and buy 20,000 VIL at 0.05 and 200,000 VILO at 0.005.

    I sell in June as follows..

    VIL
    20,000 x 0.15 = $3000 ($2000 profit).

    VILO
    200,000 x 0.10 cents to convert = $20,000 cost
    ..thusly, i've outlayed $21,000 for the shares(inc original $1000).

    Sell 200,000 x 0.15 = $30,000 ($9,000 profit)

    How's that sound? A complete 'balls up'?
 
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