IVXO options fair value calculation, page-17

Hi all,

New to the forum.

Your drug INV043 has a few investment groups talking !

With the Black Scholes calculator try this.

1. Spot price 18 ( it won't calculate at 1.8)

2. Strike price 40 ( multiple of 10)

3. 18 months

4. Volatility 55.67

5. Risk free interest rate leave blank

6. Dividends 0

Hit calculate ...reduce that by 1/10 tenth equals at the moment 0.105 th of a cent.

Remember there are upper and lower parameters..this gives us the lower figure.

So if the the SP was 4 cents now. Options should be 1.06 cents. If this time next year SP is 7 cents. Options 3.07 cents.

Hopefully this helps.

Good luck , I may be joining soon , doing a DD, can take a while.