DDD 10.0% 0.6¢ 3d resources limited

Placement, page-30

  1. 31,884 Posts.
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    Not too long ago the heads were trading at 0.5c and oppies were trading at 0.3c

    At above prices, oppies are only sensible if you think fpo can reach 2c or so. Intrinsically (without time-factor premium):

    At fpo 1c (100% increase) oppies are .3c (0%)
    At fpo 1.5c (150%) oppies are 0.8c (166%)
    At fpo 2c (200%) oppies are 1.3c (333%)

    Personally for the reduced risk and more fluid market depth I am happy with the fpo's. Getting oppies at .2c would make it more interesting though.
 
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