AGO option's discussion, page-28

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prezillogic

96 Posts.

11/01/17

20:34

Post #: 21831089
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Originally posted by Johnnyzadeh ↑

Why i went for the AGOOA's

- 1 extra month for AGO to apreciate in price

- SP has to be .5c lower then the AGOOA's for them to be in the money
- the two above are pretty powerful combined

- AGO expects to be in a cash position by Mid year, the half yearly statement is likely to come out after June once the the AGOO's are expired and we know this anouncement will be a big price catylyst moving the share price as you have seen in the last quarterly, not to mention it will come at a oppertune time for the AGOOA's giving it that bosst it needs to get up and over in that all important month of July

- Also gives the IO price to mature a bit more, hopefully adding to the bull run of the IO stocks

- The bad thing in comparison to the AGOO's is that there is 4.5bil rather then 1.5bil of the AGOO's, this can be looked at in 2 lights though, management will be keen to get these in the money as it would be a nice little boost to there bank balance. It would be easier to get the 4.5bil in the money rather then the 1.5bil because 1) you have more time 2) there at a lower price target to hit and 3) its more worth while as you'll be converting 4.5bil instead of 1.5bil of options into dollars.

This is all IMO of course and why i went for the AGOOA's
Seems pretty logical to me, in saying that i think there both a good punt. My scales where tipped in one dirrection mainly to the above reasons. Lets churn through them early and not leave any for the late commers anyways haha

Happy to hear any contrary reasons as im keen to add a few million on to the tally

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I was leaning to the same logic, to buy AGOOA more time plus 2Q announcement, which should be really good. I won't exercise the options, but hope to close the position before expiry. I just hope the position will close straight away and take the profits.
Anyone ever had any delays or problems closing a position?

AGO Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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AGO option's discussion, page-28

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