EMR 2.86% $3.96 emerald resources nl

why no interest in the oppies, page-11

  1. 2,988 Posts.
    At the moment there aren't many options I'm aware of in the "sweet spot"

    A few days ago UMC were there - UMC 40c, UMCO 25c, now UMC 59c, UMCO about 48c. FWLO are in the viscinity (44c heads on 30c conversion options, options 25c), POLO have recently passed through that (My 20c conversions options have gone from my 15c purchase when heads were 35c to 32c with heads 50c, recently up as high as 49c and will surpass that again shortly).

    MXR were there recently though are now just in the money similar to EMR.

    Options get caned though when the market is down as liquidity is usually terrible (EMRO seem quite good though).

    I think you will be a winner on EMR and EMRO now that the market has turned a little more positive. They were heading for 40c prior to the very bad few days last week but will come on with a rush along with many other good quality specs when the market regains confidence - the poor quality specs will languish at their lows.
 
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$3.96
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3 7323 $3.96
 

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$3.97 18834 4
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