GAU great australian resources limited

200k buyer!, page-5

  1. 648 Posts.
    exercise 20cents. buy now for 11cents if lucky only 16million of them tightly held.
    But a better buy.
    The shares are 25cents .say you pay the offer of 12.5cents for options.
    With $25,000 you can buy 100,000 shares or 200,000 options.Say the shares go to 50 cents.
    The option is worth 30 cents .So the shares are worth 50,000.00 and the options $60,000.00.
    More leverage in the options and with 2.5 years to go are a better bet.Not many around though.Tightly held.
 
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