LRS 4.00% 13.0¢ latin resources limited

Exercising LRSOC options, page-15

  1. 12,937 Posts.
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    I just worked out if I exercised all my options and sold at the high of LRS today 6.5c I'd make $15,600 profit
    more than If I just sold my options on market !!! thats not a bad couple hours work ...

    WTF long dated options are meant to have time premium aka you don't have to pay for 1..2c per share in my case @ current interest rates here in NZ 2.5% (res equity) thats a saving of $1800 for the term of option life ..

    If I wasn't so busy playing Golf then laying in the spa pool.... I should really exercise and sell then use the fund to buy the options back ??

    But knowing my luck I'd sell the new LRS then they would go into Trading Halt)))))))
 
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