NTU 3.45% 3.0¢ northern minerals limited

surge to $1, page-19

  1. 352 Posts.
    Karrma
    IN case you need extra info.
    You buy them (the options A or B) and then you can 'convert' them at any time before the excersize date. So as an example if you buy NTUOB today at say .45 and then convert by paying .15 you then have a whole share whihc cost you .60c
    If the shares are selling at .65 on the market then you have an instant profit of .05c !
    So this is the case today and why I bought NTUOA at .455.
    You can do the maths.
    Hope I am not over telling you. ONly meaning to assist.
 
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