Race options thread, page-481

Thanks to you and Index, lending or giving my niece the conversion money is an option I have considered. I rather she takes a little time to learn about the options. “Give a person a fish and he/she eats for a day, teach them to fish and they eat for a life time”.

However, if she does convert the options her self, the resulting x3 piggies will be in my niece’s name and we will to the same situation 2 years from now … but x3 the problem at a higher strike price of $1.25. Of course, this will be a non-issue if RAC receive a blockbuster offer prior to piggy expiry and everyone’s piggies gets cashed out.

I noticed you didn’t mention the piggies in your reply … so reading between the lines, as I seem to recall you have asked readers to do, I will take that as an indication that you think piggy conversion will be a non-issue in the future and my niece will not have to take action on the piggies. LOL