mimwgg courageous buy at 7.1c

  1. 13,471 Posts.
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    with the t/o on the go at $1.72 & the share price at $1.69 the above w/- expires on 26/06/03 but at 2:1 with a strike of $1.60 the only way the w/- will be worth any more than 6c is with a higher t/o offer which does not appear likely. The time factor is almost irrelevant.

    Any other opinions?
 
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