Im on the fence about picking up 500,000 oppies @ .001.
With about 3 months of time value left on the current MPJO June, it is certainly a gamble, but I think could be a successful gamble to pick up some of those 65million oppies for sale at .001
With a strike of 1 cent, this post trading halt acquisition news could pump MPJO into the money. We saw it hit .008 briefly a few weeks ago with no news.
My concern is the split/consolodation ann which will weigh down any increases in MPJ SP making it a little less bouncy. Thoughts?
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