PYM 0.00% 0.0¢ pryme energy limited

Ann: Becoming a substantial holder, page-9

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  1. 11,064 Posts.
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    Arpan....PYMO are just listed options to buy shares at a later date, i think these are at an exercise price of 2c sometime in 2016 (from memory, so dont quote me). You can either buy fully paid shares or the options, which will have greater leverage...eg..say the fully paids go from 1 to 2c.....100% gain. If the oppies were 0.2c and followed the shares, up to say 1c....500% gain. However, it works the same in reverse. Options also give you a hold over more shares than fully paid (heads)....$1 of 1c shares= 100 shares......$1 of 0.2 oppies= 500 shares.
    Study up on them, there are a few other things to learn about them.
    Welcome to the jungle!!!! be careful, and, there are a few good traders posting on this thread, you will soon pick them.....learn from them, the research and advice they put up is valuable.
    I only bought in to PYM today, a speccie, but has good prospects, cashed up and good chance of a re-rate when we get more updates
    good luck
 
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Currently unlisted public company.

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