MDX 7.14% 4.5¢ mindax limited

agree the heads are heading south, maybe 20, 23 cents???oppies...

  1. 14,796 Posts.
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    agree the heads are heading south, maybe 20, 23 cents???

    oppies will struggle.

    ASK yourself what the heads will be in 2-3 weeks when the oppies cease trading.

    If you can get more now for the oppies, sell them, and buy heads.

    Right now can sell oppies for 8c. (heads 27 and IMO going to retrace until delays sorted)

    Wait till heads fall to 23 cents, and buy, effectively, paying 15c for heads.

    Or just hang on to the oppies and convert, and then pay your 20c.

    Heads could go lower too, or they could hold. But IMO, DELAY is not what MR Market wants to here.

    cheers
 
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