RMX 0.00% 0.1¢ red mountain mining limited

rmxo, page-8

  1. 98 Posts.
    Same as rmxo except longer term. You can either sell them like shares at a profit if they go up, or exercise them (pay strike price per share per option) and convert them to RMX shares

    Hypothetically if RMX was 10c a share, and you had 1 rmoxa purchased at 0.008 (for simplicity's sake) you can exercise it and make 6.2c profit:

    Sp - (option price + strike price)
    Or
    0.10 - (0.008 + 0.03) = 6.2

    Correct me if I'm wrong & dyor
 
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