TYC tethyan copper company limited

$1.40..im thinking of taking a punt! I mean..whats the risk...U...

  1. 6,669 Posts.
    $1.40..im thinking of taking a punt! I mean..whats the risk...
    U got 2 offers.... ones at $1.20

    The other at $1.35

    Last trade: $1.40
    WORSE CASE.......the $1.40 offer falls thru somehow and u end up getting the $1.20
    NET OUTCOME: 12% loss!

    BEST CASE: Counter offer is above the $1.35, prob say $1.50+ (rememebering the market will THEN factor in another counter offer to that) so the stock could trade around $1.60

    NEW OUTCOME: 12% gain

    so in the end, u have little or NO RISK of losiung much $$ HOWEVER, u could make MORE by counter offers!

 
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Currently unlisted public company.

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