GW1 0.00% 4.6¢ greenwing resources ltd

Ann: Graphmada Graphite Mine begins Recommissioning, page-31

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  1. 1,380 Posts.
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    Yep that’s the last price purchased. So you can buy them for 0.005 or que up at 0.004 like a regular stock, but once the price of regular old bsm hits 2.5c and above, the options can be converted at that price. Also what happens is when the regular share climbs above that strike price, the options rapidly gain value as they enable you to buy the shares at 2.5c( plus the 0.05 purchase price on top as well) even if they hit a dollar, you can still buy at 2.5c. They offer leverage that increases the further the price climbs within that time frame. Bsmob are the options anyway
 
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