Australia's largest stock trading and investment forum Australia's #1 stock forum

DDD

Click for more information

10.0%

0.6¢ 3d resources limited

I guess the question remains though of selling- oppies are...

First 221 Last

Share
Profile

Follow
ans25

6,158 Posts.

764

31/01/17

11:01

Post #: 22242311
Share

Originally posted by more4less ↑

You gain more leverage with an oppie, which is why it makes sense. Any spike in share price gives you a better return on your dollar and you don't have to convert, you can sell before they expire, so the argument that you overpay when converting to a head is pointless with close to a 3 year period before they expire.

If you bought yesterday at close with $1000. you would end up with roughly 333333 oppies for that money at 0.003 cents. If you bought heads at 0.006, you end up with 166000 shares, now look at which one gives you a better return going up just 1 pip. You make more money on the oppies because you have more for your money.

Expand

I guess the question remains though of selling- oppies are always harder to sell due to the lack of liquidity.
Heads in my opinion offer less risk

All in my opinion

DDD Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

NPM

NewPeak's energy transition hits new frontier with QLD vanadium foray

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

LBT

AstraZeneca orders 4 more microbiological scanners from Clever Culture Systems for $3M

There are more pages in this discussion • 58 more messages in this thread...

First 221 Last

Add DDD (ASX) to my watchlist