NVA 2.70% 19.0¢ nova minerals limited

NVAO options, $0.0325 strike to 31/8/20, page-62

  1. 2,356 Posts.
    lightbulb Created with Sketch. 467
    but wombat can you tell me if my theory makes sense or am i just too stupid too understand this simple thing

    If i spend 1,000$ on NVA at the current $0.060 id get 16,660 units

    If i spend 1,000$ on NVAO at the current $0.027 id get 37,000 units

    and then my conclusion was if NVA got too 10c, the 1,000$ i spent on options would be worth around 7c correct? and the Options ( my 37,000 units) would be worth alot more then if i had just bought the 16,660 NVA units ...

    is this right?
 
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