SFG 0.00% 0.2¢ seafarms group limited

September 2018 - State of PSD, page-31

  1. 746 Posts.
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    I'm quite surprised at AngryPrawn's logic regarding the pros and cons of SFGO, particularly in view of his bullish view of SFG future pricing, plus his own admission of being a risk-taker.

    Firstly i repeat my earlier observations of current trading, which has all the hallmarks of a large corporate (or insto but i feel the former fits more likely in SFG's circumstance) aggressively buying on-market.

    The options are now well and truly in the money (exercise price 9.7 cents), and are trading with around 1.5 cents of time premium - with final exercise in July 2021 - just under 3 years for that time premium which is negligible!

    If we assume that the share price is going up in the next 3 years, which of course most holders expect, then its a no brainer that the options provide a considerably higher return for your investment dollar. Do the maths yourself, its absolutely obvious - and that aggressive buyer is helping push the option price alone!
 
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Change
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Mkt cap ! $12.09M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $4.02K 2.010M

Buyers (Bids)

No. Vol. Price($)
49 123677116 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 1534779 9
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Last trade - 10.11am 02/12/2024 (20 minute delay) ?
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