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Good specs with long dated listed options
arty
post Posted: Aug 10 2011, 11:22 AM
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Posts: 10,161
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In Reply To: bailej03's post @ Aug 9 2011, 10:25 PM

I am banking on MYG's BFS coming through shortly;
I hold MYGOA July 2013 5c option and intend to have a sticky-beak around Gullewa in early September.
The fly-over on their website looked impressive - as do their general prospects. But you must DYOR.



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
Duster
post Posted: Aug 10 2011, 08:39 AM
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In Reply To: bailej03's post @ Aug 9 2011, 10:25 PM

Hi Bailej,

Panax Geothermal (PAX) just received $10mil from a Canadian company for funding of its Indonesian geothermal projects in return for a 50% interest in them. The company recently did an issue at 2c, with a free attached option, exercisable at 4c until 8/7/14 (PAXOA) NOT (PAXO) which has a much higher exercise price. I generally don't play company options but this one came to mind. There is also chance of government funding to further its Australian geothermal operations. It may be a punt at 1c but for me personally, I'd just pay 2c for the FPO's

Panax is chasing conventional geothermal energy as opposed to the far more expensive "hot rocks" of Petratherm or Geodynamics

http://www.panaxgeothermal.com.au/

Cheers,
D



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Patience is the key to success.
 
bailej03
post Posted: Aug 9 2011, 10:25 PM
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Hi all,

Looking for some good /reasonable quality spec stocks with long dated (at least 1 year) listed options

The used to be a listed of all companies with listed options posted on the Investsmart website but I can't find it on there anymore

Hoping to find some with reasonable prospects over positive news over the next year, and likely to be sold down in the current market.

cheers



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--[b]Nothing is certain in life nor the market[/b]--

Everything is worth what someone else is willing to pay for it
- Archibald Hutcheson, 1720
 
 



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