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IMO, two reasons why you might buy the options:* you believe the...

  1. TheAge
    162 Posts.
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    25/03/12
    22:26
    Post #: 9891563
    IMO, two reasons why you might buy the options:

    * you believe the SP is gonna spike significantly prior to expiry; or,
    * you think there is a bigger fool who will pay a premium over current prices before expiry.

    The options are a gamble but could net you a significant multi bagger if a JV is announced soon.

    DYOR.

    Disclosure: nil options held, ordinary stock held.
    QFY Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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