leonpl....exercise price is 5 cents come end of June.
So basically you pay .001 for your options today you will need to find another 5 cents for every option you hold.
eg. you bought 100,000 options @.001 = $100.00. To convert these options 100,000 @.05 cents will cost you $5,000. Total cost then is $5100.00 + initial brokerage on the options, no cost to exercise them. You will then have 100,000 ordinary shares in the company.
Its a dangerous game with AEX and being so close to end of June....l hope they come good and get over 5 cents soon, actually .079 would be my price????
AEX Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held