That would not work because of capital gains tax, options have been release less than 12 months ago hence nobody can claim the discount.
If one owns 1 million of options they would have to sell about 710,000 in order to have money to convert the remaining 290,000
The only way out is further investment or sacrificing the heads.
LOMs potential SP?, page-40
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155809 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 157173 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
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