Barramundi ( BRM )

[peat]

Bell never rings at the bottom, a great leverage now with the warrants, cannot understand why more head holders dont switch into the warrants.

wouldnt the reason be that they have a high chance of expiring worthless?

[whatsup]

wouldnt the reason be that they have a high chance of expiring worthless?

Not with a year to go !

[alokdhir]

Chance of they being in the money is much brighter then they going worthless ...imho

They are currently in the money with SP of 70 Cents and expected exercise of 63 Cents ...One year shud eventually see Inflation fight almost over if not fully over ....I reckon rates wud be on its way down and that sentiment shud get fully discounted by mid next year ...an assumption which have good chance of being fact

[Sideshow Bob]

NTA down to $0.6579.

Share price still at $0.70

[whatsup]

PPLs slowly catching on to the prospects of BRM warrants, reasonable long dated ready for the bottom interest rate cycle - see the U S 10 yr rate which has peaked imo will flow on to the N Z 10 yr shortly.

[whatsup]

PPLs slowly catching on to the prospects of BRM warrants, reasonable long dated ready for the bottom interest rate cycle - see the U S 10 yr rate which has peaked imo will flow on to the N Z 10 yr shortly.

Up 16% so far today !!

[winner69]

Up 16% so far today !!

You just taking a punt on these warrants with no intention of exercising next year?

Interested

[alokdhir]

You just taking a punt on these warrants with no intention of exercising next year?

Interested

Its the most leveraged play on Aussy market with huge chance of success by next Oct 2024 ...by then even our Bull wud have actually become bullish hopefully

PS : Something like 10X or more long ..Call option of almost a year time value !!!

[whatsup]

EOD up 29% , not bad for a share thats not going anywhere !

[Toddy]

I think that the warrants may have been issued at the bottom of the market. Time will tell.

I've loaded up with 20k worth at 3 cents average. My total risk exposure to the trade is 20k with unlimited upside.

Thanks for bringing this opportunity to my attention.