Guys, debating whether to purchase PUROA. The conversion date is 31-OCT-2021, which will be upon us before we know it. (I would be a lot more comfortable if the date was 31-OCT-2022) The oppies are cheap, however, the strike price is 10cents. So its easy/cheap to buy a truckload of options at the moment, but with what i feel is a hefty strike price, and October being 9 months away, I wonder if its worth it, considering the share price is 3.3cents. I guess its all relative and if the company emulates Chalice and the shares head north of $1 in the coming months, then my 'hefty' strike price will be chump change. Any thoughts, good or bad?
PUR Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
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