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Why November? The SP can go beyond 2c with announcements this...

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Knowyourrisk

195 Posts.

39

15/02/19

20:41

Post #: 37454573
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Originally posted by Glitterati ↑

Originally posted by aronoff1
Plan on holding on to the options as they have until November and they're down so low, can't see much point selling them at .001, there has to be opportunity for a pump and dump into which I can offload before November. And if not then I haven't lost much.
Re the heads I can't see much point in taking up the rights issue, just paying more money into an already bad situation.
That's exactly the way I see it with the options, they'll spike at some stage, and that might be a good time to get out depending on how things are going. Then again, if it seems a no brainer that the SP will get to 2c by November, I'll hang on to them.

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Why November? The SP can go beyond 2c with announcements this month? Isn't this a possibility?
A lot of posts have mentioned SP going to 2c by Novenber...what is the rationale behind this? Could anyone please explain?

E2E Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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