now if people are waiting for the options, and selling their heads, they may be in for a big suprise.
hows this, they expect to be able to sell options on the market, so are selling their heads below cost 13c, and figure so long as they are able to trade their oppies, they'll make up the diff.
Wrong.
If options arent listed, one choice, exercise them,
thats going to make the heads the only tradable exposure, and selling under rights price on mistaken beliefs, when they realise,
ie, you want to be able to trade the gains on QMN right?
How do you do that, if you dont hold heads and Oppies are not listed.
That will see a rush back into the heads, when is realised.
Is one thing to have exposure on unlisted options, but not being able to realise tradeable value, without exercising, (and who would out of the money?) makes heads look like the only pub in town.
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