RSG 8.85% 51.5¢ resolute mining limited

options providing good leverage

  1. 25,721 Posts.
    rsgo, are trading at about 20c. the shares are trading at 87c. from memory, the exercise price of the options are 80c. the real cost of the option, then is 13c. this is not bad leverage, considering the options have about 2 years to expiry. two years ago, there were plenty of posts on rsg, but now no one seems to be interested. it would probably be a good strategy to sell the shares, and buy the options - that way, there is the chance to participate in all of the upside, with only limited downside - and of course freeing up capital for more investing. i hold shares and options, and for the time being, will just sit on the fence. anyway, it might be hard to get volume on the options. i have plenty of shares
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Mkt cap ! $623.6M
Open High Low Value Volume
53.5¢ 54.0¢ 51.5¢ $4.902M 9.267M

Buyers (Bids)

No. Vol. Price($)
50 650589 51.5¢

Sellers (Offers)

Price($) Vol. No.
52.0¢ 340109 19
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Last trade - 13.06pm 29/07/2021 (20 minute delay) ?
-0.050 ( 10.8 %)
Open High Low Volume
55.5¢ 55.5¢ 51.0¢ 3707413
Last updated 13.22pm 29/07/2021 (live) ?
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