LPD 0.00% 2.0¢ lepidico ltd

I would love to say they will open at 1c because that makes...

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    I would love to say they will open at 1c because that makes sense, but i dont think they will. Plenty will be willing to flog them for a quick buck.

    - Insert buffet quote about the share market being a machine that transfers money from the impatient to the patient-

    But yes, I believe they will surpass 1c pretty quickly. Historically options have traded around that or higher and these have long life and the company is in a better position than ever. I could make predictions of them trading at multiple cents and what not, but my point is 1c in the short term is a really safe bet imo. If you were looking to pick up more lpd long term and had the choice between 1million lpd stock, 3 million options or some combination of the two, it's pretty hard to argue that the options present a bad deal. Great way to either mitigate your cost (money upfront that is) or maximise your potential.
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