ASNOB, page-4

romywants,

you can buy and trade them just like the full shares on market. Or you can hang onto them and exercise them at any time before they expire for the exercise price of 0.025c and convert them to fully paid shares. They expire in August 2018 so only 10 months time.

The main reason to buy options is for the leverage they offer longer term.

If you purchased say 200000 options at 0.02c today it would cost you $4000.00

If you purchased $4000 worth of the heads at say 0.045c would give you 88888 full shares.

So if the share price then ran up over the next couple of months to .09c you would only double your money on the heads , but more than triple your money on the options if they tracked the heads and you sold them at 0.065c ( being 0.09c - exercise price of .025c).

Hope that helps.

I bought a stack of options at .02c for the leverage today. looks to tempting to me.....