ADG 0.00% 0.4¢ adelong gold limited

What is dddo?, page-16

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    this post is wrong. ignore it

    the DDDO exercise price is 0.7 cents

    the higher the share prices goes up, the more DDDO will trade at a price of 0.7 cents below the DDD share price

    ************

    when DDD is 0.6 cents, you can buy two DDDO for the same price

    but once DDD reaches say 2.7 cents, you can only buy 1.35 DDDO for the same price

    this affects the DDDO valuation

    at 2.5 cent DDD price, DDDO would be expected to trade at around 1.8 to 1.9 cents
    Last edited by ddzx: 30/05/17
 
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