What a rollercoaster...hits 44c then down to 27c now at 30c...
General Markets Talk
- Thread starter Jimmy_the_Gent
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What a rollercoaster...hits 44c then down to 27c now at 30c...
i’d be getting out of DOU asap
Gigantic
Brownlow Medallist
Hopefully you missed the train
Anyone get on BRN?
Me @ 38c
CDT offering SPP @ $0.01 per share. Anyone taking up the offer?
When are you getting out?
probably at close. Hoping for a big finish with people having fomo before CEO speech at 9am tomorrow. Might miss out on rockets if he says something price sensitive but it’ll dump if it’s just a simple update
Sorry for the noob question but can someone explain what this means? Current share price is 32c. Are they offfering shares at 40c and 60c?
- Thread starter
- #960
They're offering options at 0.40 and 0.60.
Assuming they are call options, they would give the holder of the options the right to buy shares in the company at 0.40 or 0.60 (depending which they hold) before the expiry date.
Assuming they are call options, they would give the holder of the options the right to buy shares in the company at 0.40 or 0.60 (depending which they hold) before the expiry date.
Why would you when the share price is .32 or do I have that wrong?
- Thread starter
- #962
Nothing wrong. These options are currently "out of the money" but they can be exercised any time before they expire.
So if in 2021 the share price hits, for example, $1.00, these options will have value.
EDIT: The reason this is done is that there is a party that is writing these options and people who buy them are charged a "premium" which is basically a fee. So there's an income part to it.
Companies can also sell/give options to management so that they get a bonus of sorts if the share price goes high enough. This is meant to incentivise management.
haha no, I’m still in. Will ride the CEO speech tomorrow, hoping for some updates on new customers otherwise there’ll be dumping
I do my own research on shares, but also one of the guys who I follow and is very good recommended CDT. The majority of his other picks have done very well - DRE, LCL, NVA, CVV, GMR etc. I'm not in on the SPP, but i'll likely have a small dabble given that's it has a tiny market cap ($6m) and if it hits something these types of shares have been exploding.
Goes to bed "Dow futures rise on stimulus deal, vaccine hopes"
Wakes up "Dow falls on stimulus deal, corona fears"
Wakes up "Dow falls on stimulus deal, corona fears"
Still in? Looking like a good opening
- Sep 2, 2014
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I got the hell out of GSM a week or so ago. Had sold majority of my holdings prior to the SP bottoming out and dipped out the rest last week.
I just don't have much faith in them finding anything of value.
If you're tossing up between CDT and GSM, I would go with CDT.
I just don't have much faith in them finding anything of value.
If you're tossing up between CDT and GSM, I would go with CDT.
you did well. I checked out on open. Seriously poor presentationI checked out
Should have jumped on CNB at the start of the month. It is flying. Well done to whoever pointed it out.
- Sep 2, 2014
- 16,668
- 32,003
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- Hawthorn
- Other Teams
- Liverpool
I bought in at 9 cents and got more at 30 cents in the share placement offer. Not looking to sell anytime soon either.
If only they all ended up like them!
I got in around the same time (8.5c) but flogged some off today, although still got quite a few.
Bit worried they haven't announced a commercialisation of the Tick Hill deposit yet which should provide some good cash. Obviously if they hit something good at Strelley or Tick Hill offset then it'll probably go continue upwards.
Gigantic
Brownlow Medallist
In a bit late at 21c for me but already nearly a 2 bagger within 2 months
Jello_B
Norm Smith Medallist
- Mar 2, 2014
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IMU has had a good day and news should be approaching over the coming period.
