BTV 2.33% 21.0¢ batavia mining limited

why will oppies rise

  1. 3,402 Posts.


    I am sorry folks ,

    But I still cannot for the life of me see the oppies rise any further .

    Despite all the calculations and predictions of the oppies going to 4 and 5 cents , It will not happen.
    The more you pay for the oppies then exercise, that is the cost of your FP.

    So at the moment the FP's are around the 6 or 7 cent mark , why would you buy the oppies at even 2 cents . then exercise , that makes it 7 cents per FP, plus another free oppie who no one knows what it will list at ..


    The oppies will remain stagnant while the holders of the FP's from 3 and 4 cents take their profits , then they will decide the price of the oppies.

    Just my own thoughts , but it seems to be backed up by the market price ..

    The oppies will not move , the value is not there until they are exercised ..

    And only long term holders of the oppies will have the benefit .

    ghosty



 
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