Ummm something similar but the decimal point shifts a couple of places to the left lol (0.001). I'm possibly being too conservative with the volatility ratio at 50%. If i push it out to 75% (i think that's a bit of a stretch considering shares on issue now and phase 2 will still be "in planning stage" within 12 months) i get 0.028c on the OB's which incidentally is around the mark in terms of market action, so i see the current price as being on the high side of the equation. Happy to be wrong and see your scenario unfold though
RLE Price at posting:
10.0¢ Sentiment: None Disclosure: Held
