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aglsbp is seeling at bid 1 cent and offer to sell 2c

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aglsbp is seeling at bid 1 cent and offer to sell 2c but time decay is 100 percent. Therefore in one week it will be sitting at 0 cents. Is this correct. If I buy then I wll lose all money in one week via decay?
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9 REPLIES 9
SimonPB
Valued Contributor
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Eish dude you gotta read

https://www.warrants.standardbank.co.za/warrants/nsp/docs/Upload/The_Danger_of_busted_instalments_bi...

You will loose yes and absolutely no chance of anyone buying you out. Bid will be at 0c so rather deposit your money into the following bank account (I guarantee you to double it)

(Limit clause: only deposit of upto R20,000 accepted for this offer)

(Further disclaimer: could take 12 months to double so please be patient)

Let me know if you want the banking details.....
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What if the price of agl falls towards R190 during the next two weeks?
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jack12
Super Contributor
You will wake up and find that your coffee is cold.
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has to be under 190 to get out IN THE MONEY (SB will pay you value of what its worth then) but will only hold value at about 160 or even 150. A huge risk and you have better odds going to a casino and calling black or red on roulette. That offer of the bank account still in place and just for you I will allow the increase of deposit to R40,000 limit ..... he he.... no seriously go fishing elsewhere. If you really want to make good money look at exxsbi I have make a killing the last three days.
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Russ
Super Contributor
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Thanks for info. Am surprised will only hold value at 160 or so. If I was guaranteed I could sell at 190 when value was, say, 180 I would like to have those warrants
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