BM8 4.23% 17.0¢ battery age minerals ltd

Ann: Non-Renounceable Entitlement Offer Loyalty Options, page-10

  1. 7,705 Posts.
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    Hey buddy, atm the options are really worthless, value comes in once we pass 50c the conversion price.


    Its when ( fingers crossed ) we hit 70c 80c 90c ++ that you will be over the moon you have a few.


    In basic terms SP is $1, you convert your options by paying 50c, you can sell heads for $1, you have made 50c minus the initial .005c buy price.


    Its also a great way for the company to raise funds down the track ( $12.8mill ) if everyone converts.


    Its a no brainer really if you have some small change to throw at it.


    Hope that helps man.
 
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