BAT 5.56% 1.9¢ battery minerals limited

BAT Options - advice please., page-12

  1. 3,387 Posts.
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    Approx 172M of them.


    Best buying levels were at 0.005 when the heads were just over 2c. You could buy 4 or 5 options for the price of 1 head but there were very few options on sale.

    At the moment you can buy just over 3 options for every one head.

    I'm expecting there will be equity raised as part of a finance / funding solution. More options will probably be issued.

    If there is some good news before funding and they come up with a funding solution investors are happy with, there may not be an opportunity to buy options at these levels after financing. If they don't come up with an acceptable finance solution then the options could crash.


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