RAC 0.00% $1.45 race oncology ltd

Race options thread, page-507

  1. 1,654 Posts.
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    Buy 1 option today and receive 3 piggies for a total of 4 shares once converted at a cost of .75 + 1.25 + 1.25 + 1.25 = $4.50

    Or buy 4 shares on market at 0.85 at a cost of $3.40

    What am I missing? Is this one of the questions you should know the answer to in order to be called sophisticated?
    I understand the time frame and cash upfront conversation but I just see discount.
    Purchased another 20k units today so please don't respond if your answer is going to upset me.
    GL all, not many days in march left to receive RC 220
 
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