VMS 0.00% 1.6¢ venture minerals limited

beware oppies exire 25c june

  1. 15,908 Posts.
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    heads put the oppies only just in the money, 25c exercise.

    VMS is goods stock IMO, I hold heads, but will let the oppies go at this time.

    Currently there is a 10c premium on the oppies, which may evapourate if the heads simply tread water bw now and june, only 4 months away.

    Heads would need to be trading at 35c in 4 months to be on par with premium offered now.

    If the heads don't exceed 35c by june, the current premium offer is a sure thing IMO.

    So carefull chaps. Could be a close one if you hold on. And I would suspect we may get another unwarranted correction of unforseen origin bw now and then, so for VMS to take a hit and get back to its feet in time, is questionable.

    Long hold on the heads for mine.
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