SYA 2.94% 3.3¢ sayona mining limited

SYARA, page-79

  1. rab
    4,567 Posts.
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    That is an interesting point. Minimum order being $500,00. Anyway if you had bought the $500.00 worth of 0.002 you will be charged by Comsec for the total. You would have bought the shares not the right to buy the shares. When you buy this way the shares are already exercised
    The whole 250,000 of SYA at 0.051 + 250,000 at 0.002.

    Its kind of a technical point that doesn't fit the rules. Your trade will be well above the $500.00 for the 100,000 at 0.053 cents but to buy the 100,000 you first have to purchase from the owner at 0.002 cents which is below the $500. The rest of the purchase price is not included in the trade it goes to SYA.

    Should be able to trade the OPTIONS at a later date if they come into the money before exercise date.
    I was after more options by buying at 0.003.
    Last edited by rab: 26/05/18
 
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