GDN 0.00% 1.7¢ golden state resources limited

when will oppies catchup with heads

  1. 4,777 Posts.
    lightbulb Created with Sketch. 46
    I don,t undesrtand how the oppies react to heads. For example, GDN heads closed at .074c and oppies at 0.011 on Friday.
    Does that mean we expect oppies to be .022c when the heads hit .15c? If not, does that mean the oppies are way undervalued? Interms of % value for the last 5 trading days, GDNOA has outperformed the heads, but there is still huge gap between them(0.011c-0.074c) respectively.

    Do we have anyone who understand this very well on how they work? Are the oppies waiting for the heads to heat 12c striking price?
    At what price of the heads to we expect a huge leap of oppies to to catchup with heads.

    There are lot of guess work from different posters in terms of where the oppies will be when heads hit a certain price.

    Cheers Guys
 
watchlist Created with Sketch. Add GDN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.