AYN alcyone resources ltd

4mil at 5.3 cents, page-16

  1. 19,757 Posts.
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    Current price is 5.4c..if you get the option it will trade at around 2c.
    As its a 1 for 2 option that gives around 1c discount on each share.
    So if you buy 200k now at 5.4c for 11 grand you get 100k free options worth 2 grand.
    Basically looking at picking up 20% if current price holds.
    Only question is if you buy now are you entitled to the free option ?
 
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