My strategy has been not to buy (say) 1,000,000 shares for $17,000 but rather to buy 1,700,000 options for the same amount & thus get 70% more leverage
They are so long dated that they trade almost tick for tick with the FP's (& there was a big arbitrage 2 months ago when the gap between the Oppies & the FP's was greater than the exercise price of 1.2c)
NOT ADVICE just my way to get on board with more bang for my buck!!
Ann: $1.5M placement completed to advance Charley Creek project, page-100
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 (20min delay)
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $20.11M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $243.1K | 11.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 11950000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 201257 | 1 |
View Market Depth
| Last trade - 15.57pm 30/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
Change
-0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.3¢ | 2.1¢ | 4523047 | ||
| Last updated 15.11pm 30/05/2024 ? | |||||
| ENV (ASX) Chart |