$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!
- Forums
- ASX - By Stock
- $250000+ u bidder @$1.40-counter offer
TYC
tethyan copper company limited
$1.40..im thinking of taking a punt! I mean..whats the risk...U...
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