TOX tox free solutions limited

looking good - no new sellers @ 3.4, page-14

  1. 7,409 Posts.
    re: looking good - selling at 3.5 .... Oppies are not freebies, its exactly as you say, if you want to convert them to fpo stock it will cost you 3c per share.

    The shares are well and truly in the money at the moment. It would take something drastic for the shareprice to now drop below 3c by next January.

    Oppies may be a good play if you are confident in this stock. They are currently trading at about .4c of a premium to fpo, but if fpo can rise to 5c+, right now you can double your money if you buy the options.

    Or even better, you can buy oppies without laying out as much cash as you would for having to get the same amount of fpo shares.

    Cheers
 
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