Due to the 'noise'(forgive my choice of words) above, I'd like to be 100% certain as to what we're dealing with in VILO.
Example..
In January I buy.. VIL = 0.05 cents VILO = 0.005 cents
In June the market is showing the following prices.. VIL = 0.15 cents VILO = 0.015 cents
..so, with VIL, I've made 0.10 cents. With VILO i've made 0.045 cents after paying 0.10 cents to obtain the shares(ie: cost of 1 share is what I payed for VILO(0.005) + 0.10 cents).
I don't see the attraction with the options. If you have to pay 0.10 cents to get the share, then where's the incentive? Sorry to harp on this ladies and gents.
VIL Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held