CND 8.00% 2.7¢ condor energy limited

Woooooo Hoooooo go GLV :)$$&&&, page-75

  1. 178 Posts.
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    So are you saying when the SP hit 0.042 today that the options were worth being exercised? I'm sorry but that's just my interpretation when people say options are now in the money..... maybe my interpretation of in the money is wrong but why would I exercise options that I purchased for 0.002 + 0.042 and make no profit when I can currently sell 2 million options on market for an average of 0.00825?

    I'm not arguing that the options are currently overpriced btw just arguing the terminology
 
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