KRR 8.33% 1.1¢ king river resources limited

Spike time, page-191

  1. 67 Posts.
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    you can convert your options to shares at 10c each anytime, I think, but why now?, they are only 2.1c on the market..if they were 15c right now you could..but they might drop to 5c {just say} before expiry date. the day before expiry they might be 30c on market and you would be laughing as you can have them at 10c per option you hold..then you would be asking yourself...will they drop below 10c tomorrow on expiry day? No way! 30c might be too cheap by then!!lol IMO ..hope this example helps mech...I've never bought options,only novice myself . and only type with one finger.
 
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