mmm does make you wonder doesn't it - UK mkt closes at something like 5.5c aussie and here we are at 6.2c
Is it proof that the balance of shreholding has tipped to the AIM market or does someone domestically know something?
I don't remember what I wrote in the last post that was advice so sorry about that.
I thought I just observed that if the SP doubles from 6c to 12c you get a 100% return but in thoery the options should be worth 7c (12c-5c) and that is a 250% return. You get to keep 5c cash in the back for another 18 months which is pretty handy too.
I actually suspect the options might trade at a discount due to illiquidity but they are the key to the companies cashflow next year if the shares get into the 10-30c region.
I hope that is not advice - I disclose that I hold heaps of options and you can understand they I really hope to be able to excercise some!
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