Ann: Listed Options now Quoted - ASX Code MXCOD-MXC.AX, page-34

Kiara,

My apologies for sounding so blunt and getting you off side, its not my intention.

Here's a scenario.... in 3 years time the share price is still the same MXC .046c or lower and everyone who took your advice brought the option MXCOD instead.

Now what?? ....

Your hypothetical scenario above only works at a greater leverage (I agree) once the options are in the money. +.065c The only punters now who are ahead are those selling their free options on market.

I'll swap out of the Share into the Option once the Share price is well above +.065c and I can plan an exit. Those that buy the option now cant possible have an exit plan because they are not worth anything.

Enjoying the banter

JW