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re: Ann: Takeover Bid Closes, Compulsory Acqu... matchbox20,Me...

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  1. 5,012 Posts.
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    re: Ann: Takeover Bid Closes, Compulsory Acqu... matchbox20,

    Me too! I missed them by 5 mins! Then I missed the 2.3 ones. Ended up paying 2.5c. Doesn't matter. They will rise quick enough. One positive announcement will do it, I reckon. Isn't it hilarious that people are selling so cheap?!

    abdm,

    Thanks for discussing options. For some reason I had totally forgotten that possibility. Excellent leverage on BOD, LCY, and URA options. BOD options expire in 6 months, but I'm confident the sp will be around 15c by then = big profit! And I extremely doubt the sp will go down, so it's a pretty safe bet.
 
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