" I don't think you really understand how options work."
That's fine, we can't all know everything like you do and have such a smug attitude to match.
"The options can be converted to ordinary shares at a price of 10cents (must be before June 30th)"
Yeah got that part. That's fine. I understand that.
"So, if you buy VILO now at 0.008 you effectively have to pay .108 cents to transfer them to ordinary shares"
Why do i have to pay 0.108 to convert them? If VIL gets to 10c per share I can convert my options to heads. I don't understand where you are getting this number from.
Heads go to 10c I buy oppies at 0.8c
10/0.8 = 12.50 . That's where I'm getting that from.
Why do I need to pay 0.108 to convert them?
I would be good if you replied without the attitude.
VIL Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held