$100 shares on market now at 22c, you get 454 shares if it goes to $2 that's 9x so you've got about $908
if you buy: $100 shares in prospectus at 24c, you get 416 shares. You also get 208 options if it goes to $2 that's 9x so you've got $832. if you exercise your options at 48c p/ share it'll cost you $99.80 your now newly exercised options are worth $416. your net position is $1149
(my maths may need verifying )
ANP Price at posting:
22.8¢ Sentiment: Buy Disclosure: Held
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