wow... imagine if the oppies hit the ground at 30c.
Get 1 for 2... so 15c discount to the shares.
43 - 15 = 28c.
This SPP is effectively 28c for a stock that is trading at > 70c.
Due to cash flow issues, I missed out on MQG and ANZ SPP, as well as more BEPPA and HRR... but maybe, just maybe, I'll beg, borrow and steal to play with MAK.
I bought 1,100 at $2.30 (sigh)....
If I bought $2,000 SPP worth, I would pick up 4,651 shares and 2,325 options. Would have 5751 shares, at $4,530 = $0.787c each.
+ 2,325 options. If I sell the options at 30c.. it's 5,751shares at $3,833 = 66.6c each.
Which means, with *JUST* $2,000 outlay, I can turn a 68.9% LOSS into a 10% profit, if share price ends up as it is!
I'd be a tool if I didn't buy into it... if the SP is at current price 3rd July.
In reality, I would probably try and sell all MAK ASAP (when you get burnt from $2.30 to 40c... it hurts :P)... but hold onto the options. They would still allow me to buy into more than twice as many MAK as I currently hold.
The only question becomes, do I buy $3,000 worth and expect $2,000?
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $4.126K | 412.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 4589025 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 0.010 |
5 | 3756653 | 0.009 |
8 | 3605682 | 0.008 |
5 | 7990571 | 0.007 |
14 | 11456581 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 4589025 | 6 |
0.012 | 4092225 | 6 |
0.013 | 3500000 | 4 |
0.014 | 3656666 | 6 |
0.015 | 2600000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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