DSE 0.29% $3.51 dropsuite limited

changing options for heads, page-8

  1. 273 Posts.
    Sidave, you could fill in the options exercise form, and pay 3 cents per share, but it would be better to sell the EXMO and buy the heads EXM on the market, as they are EXM= 1.6 c (friday).Even better would be to sell EXMO at the open on monday, and get EXM later on a retrace, when the effect of the company's statement of good intentions wears off. Ask yourself, what will the AUD goldprice be in 2 or 3 years time, when mining starts, and what does an 18:1 strip ratio (Juno) mean for mining costs.
 
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