SGQ
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0.00% 2.5¢ st george mining limited

Let the drill bit do the talking., page-210

  1. mitis
    4,739 Posts.
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    04/03/19
    15:48
    Post #: 37646266
    for leverage I suppose JGPM.

    you pay 7c today for the oppies, whilst the shaers are trading 17c, and then if the shares double to say 34c by putting on an extra 17c, then these oppies will likely put on 17c too (especially if they are long dated), and so instead of making a mere 100% return like the shares (17c to 34c), the oppies return a whopping 240% return [(24c - 7c)/7c]
    SGQ Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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