STK 6.90% 8.1¢ strickland metals limited

Ann: Response to ASX Aware Query, page-45

  1. 21,431 Posts.
    lightbulb Created with Sketch. 2097
    Good on you Wack. And mine is also based very much on your thinking.
    Now, this is how I'm thinking, yes half glass full, "say" the LKEs go to 12.0c. From 11.5, that's HALF a cent. I'm sort of
    "comfortable" with that!!!!
    With the exercise "gap" of 3.6c, that equates to 8.4c for the STKOAs.
    Now, that would be a rise of 1.4 cents from today's Ask. That's nearly a THREE TIMES better return from the Options than from the Heads. I know I'm old, but, am I imagining things? PLEASE tell me if I am.
    These bleeding three decimal places are a real problem
 
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