And arriving at a bigger value by throwing in $5M cash for options expiring between Nov 2024 to June 2026, exercisable at between 20c to 32c???? This is utter nonsense and I am scratching my head at the fact that 4 people liked the post??
In my opinion the SP should be above 22c but the macro is knocking it down. How do I get this value??? I paid 22c for my first parcel and the company is now more advanced and therefore more valuable than it was back then.... it's my simple speculative opinion.
The day to day SP is decided by the markets' speculative opinion (which creates supply and demand for the shares) ... so when the next wave of results come through, 22c may be looking cheap if the results are excellent. If the results are poor we could be staring at 5c...... IT WILL HAVE NOTHING TO DO WITH THE BALANCE SHEET (OR OPTIONS).
And arriving at a bigger value by throwing in $5M cash for...
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