CFR 0.00% 0.6¢ cluff resources pacific nl

can somebody explain to me how cfro works pls, page-2

  1. 911 Posts.
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    Not certain that this is correct - so please double check ... but in Nov 08 you pay 1c to get full shares ...
    so if heads are 2.2c .... options will be worth 1.2c, on that day....

    If heads are 22.2c then options will be 21.2c ... options will be a better deal IF the share price rises.
 
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