ASN Chart, page-3515

Thanks for your reply SmoothZT.
You said:
Buy ASN heads now and get free 9.1c oppies with 1 year to execute converting to a new 20c oppy with 2023 expiry. Potential outlay for 1 share 29.1c total. Share price needs to be 30c by 2023 for a profit/saving.

This is how I see it:
Ok so lets say someone has 1,000,000 shares held before Friday the 24th of October. This makes them eligable to buy 100,000 shares at 9.1c at a cost of $9100. Now if the share price is "say" 40c before mid 2023, I sell 50,000 of my shares to raise the $20000 needed to convert the 100000 20c share options. Now I hold 1,150,000 shares.
Original 1,000,000
plus 100,000 9.1c options
minus 50,000 to pay for conversion of 20c options
plus 100,000 20c options
Now hold 1150000 shares
Total cost for an extra 150000 shares is $9100 or about 6cents each.

You said:
Buy ASNOC oppies now for say 7c with 3.5c exercise price with 2023 expiry. Potential outlay for 1 share 10.5c total. Share price needs to be 11c by 2023 for profit/saving.

I say: 100% right, but you still only have one share that cost you 10.5c. I would have 1.5 shares for 9.1c

Now before posters start going on about what if's.... price and the like. it is just how I see that it could play out. Im hopping the price will be sky high be mid 23 and it will be less shares to sell to buy the options.
Just my thoughts and would truly like some feed back.