Hi,
The one who convert making additional margin.
The option holders who are selling at a discount giving the investors who buy the option and convert free money.
Buy MLSOB @ 1.3c exercise the options for 7c = 8c. At current share price of 9.1c is an additional gain of 0.8c
Buying 500,000 options for $6,500 paying $35,000 for exercise equals $41,500 for 500,000 shares worth $45,500.
$4,500 free money.
I have done it with a previous option. Made good money.
K
Ann: Thick Lithium Bearing Pegmatite Intersections at Manindi, page-100
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1.9¢ |
Change
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Mkt cap ! $13.78M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $10.15K | 534.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 223771 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 200000 | 1 |
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