RHK 2.30% 85.0¢ red hawk mining limited

fms options expiring sept 09, page-11

  1. 1,853 Posts.
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    yeah i see your point but i also think FMS will be back at ten cents on monday so it will cost me the same to exercise as to buy half a mill on market. im waiting till next week to make the decision. I leave for japan on thurs so ill make the call on wednesday and write the cheque. if i didnt have the options i prob wouldnt at this stage be buying another half a mill (cos a lot of number crunching involved to come up with 50k for conversion. i guess for me its my way of trying to not lose what i invested in the options (over 30k) and if i convert my average price is still good as i have free carried. Like i said, its individual. If i didnt have the options id let my heads ride till next year. But i dont want to lose that money.
 
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