DEG 3.36% $1.39 de grey mining limited

Which neighbours of DEG you'd become friends with?, page-15

  1. 647 Posts.
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    Rk4,
    KAI also has listed options, exercisable at 2.5c on or before 31DEC21, KAIOG.
    example.
    Buy $1000 of KAI @ 6.3c = 15,873 shares
    Buy $1000 of KAIOG @ 3.5c = 28,571 shares
    Exercising the options will be another $715-, but you'll have approx 12,700 extra shares.
    Great upside if the price rises but if it falls you'll lose.
    I'm holding 20K KAI but am thinking of buying some more by the options method,

    Blu
 
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