ZMM 11.8% 1.9¢ zimi limited

convert options to ordinary share - how, page-5

  1. 650 Posts.
    lightbulb Created with Sketch. 16
    Wass don't convert options into stocks. Not a good move if you got cash but on market. Why pay 7.5cps when you can get it cheaper.

    By exercising you are paying more and getting ripped off.
    You will be paying 7.5 + your option purchase price.
    Market price is 3.6 3.7 and can get lower.

    Secondly you will be funding WHL and giving em cash for a job not done well. I don't think they deserve it.

    If you buy on market u get at big discount and let options expire and write it off as a Capitol loss. I'm sure that is the most wise thing that can be done.
 
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