SGQ 1.61% 3.2¢ st george mining limited

SGQOB, page-65

  1. 3,294 Posts.
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    i read a comment lower about getting them for free. i cant grasp the relevance of that comment. If you didnt buy on market like i did, then its still the same, it costs 20 cents to exercise. My thoughts would be to sell option and buy heads.

    i cant grasp you point either. it doesnt matter what the value was and yes im glad i didnt get caught in the higher price, but if the diference is 8 or 12 cents, then why pay 20 cents to convert? Maybe it a personal thing? attachment? (joke)
    its the spread on that day. You can buy heads and sell the options on the same day and maybe its 8 cents diferent? Why spend 20 cents to x them? You cant look at the time of selling and getting maybe a higher price in a few weeks? I know that companies seem to be doing them far quicker but is usually stated that its 15 working days after they receive the funds. Bpay can take up to 5 days also as its not a banking product but a external service. But experiences are showing that these times are being broken down to under a week for some.

    i think Ive answered my question. it just doesn't make sense and i should hold heads instead in this occasion. just a quick decision when i seen it dropping and i personally thought it was oversold, i gave the boss a call and felt confident in what he said.
 
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