Iron King there is another OPTION (forgive the pun ) Prolifix correct me if I am wrong but lets say the oppis are tracking the heads as they are now @ say a .05 differential in which case another scenario for you IK would be taking Prolifix,s .04 heads
1000,000 oppis purchased @ .003 = $3000.00
heads @ .04 oppis tracking @ .035
1000,000 oppis sold @ .035 = $35000.00
profit on initial $3000.00 = $32000.00
even tracking @ .01c behind heads ie oppis @ .003 would return $30000.00
giving a profit of $27000.00
I know you asked about conversion IK but to convert and sell Prolifix correct me if I am wrong but you would be better of just selling the oppis on.
I know it would depend on timing and if you were in it to cash out, or hold different scenario,s I know but just one to watch IK that,s all, depends on your time frame and holding etc etc
ie you may decide to cash a parcel of oppis in order to pay for the parcel of oppis you wish to convert and hold as your investment in ESI.
Think its down to a personal thing really whether you convert or sell suppose thats why they are called OPTIONS plenty of them if they are in the money
I think I am on the right track with the above don’t want to give anyone the wrong info so please correct me someone if I am off track
Go ESI
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Open | High | Low | Value | Volume |
6.2¢ | 6.2¢ | 6.0¢ | $4.38K | 72.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 656 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 17945 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 656 | 0.061 |
3 | 114979 | 0.060 |
1 | 150000 | 0.059 |
1 | 25707 | 0.058 |
2 | 197857 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 17945 | 3 |
0.065 | 10426 | 1 |
0.067 | 83334 | 1 |
0.068 | 372790 | 1 |
0.070 | 9529 | 1 |
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