Thanks Low Key. All fair points. And yes, it would be good to have the extra capital moving forward, but like I said, in a declining market options are very risky. So from a holder's point of view you need to be 100% sure they're going to be in the money. From what I gather though, a lot were buying during the rise up to 45c (heads). Expecting a spec stock to continue up and not retest support levels in a bear market (short term), is asking for trouble. Combine that with the short-dated nature of these particular options and it's basically just a gamble imo. Not saying management couldn't do better at promoting the company, but that only goes a certain distance. So far there's no revenue, only hope of revenue and sentiment to drive the share price.
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Thanks Low Key. All fair points. And yes, it would be good to...
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Mkt cap ! $65.58M |
Open | High | Low | Value | Volume |
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1 | 97549 | 42.0¢ |
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Price($) | Vol. | No. |
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2 | 134965 | 0.305 |
4 | 7842 | 0.300 |
1 | 166 | 0.295 |
3 | 24523 | 0.290 |
2 | 31041 | 0.285 |
Price($) | Vol. | No. |
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0.315 | 1600 | 1 |
0.320 | 78620 | 2 |
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