Originally posted by AlCp
No, he will get the money back.....and than some without any risk.
Interestingly, they use to report on their re-numeration in previous EOFY report.......???
How could Markoff get his money back if SPs stay under 7c or as you hope are going to drop drop down to 4c or 2c? The man spent $4m on 22m plus shares at 18c apiece, he has already lost almost two thirds at current prices.
He will have to pay 10c apiece with his next purchase of $2m. I understand he has 4 times options for both purchases.
However, these options are only good if they come good in the money.
By the way, if you are doing what you claim doing, i.e., to trade Axiom when SPs drop to 4c or 2c; as far as I know, traders trade at all price ranges, only shorters take a punt as you do.
Either way, you need to come up with intelligent arguments rather than some flat-earthers type of assertions, if you want people to take you seriously.
