Sorry to hear that Byron. I think it’s tricky with the options. The Sept expiry doesn’t give the company long to turn the share price around. At 5c the heads would need to go up 7.5c or 150% for the options to be worth anything. There are a few catalysts happening in the next two months which could get the share price moving in the right direction but whether it gets north of 12c only time will tell. At a level of 0.003 the market is saying there is very little chance of the options expiring in the money. If you agree and need/want the money then selling is a very valid strategy, even here. If you have already written off the money or can wear the loss then it may be worth holding on. This is by no means financial advice because they are more than likely going to zero. I think we will know by end of April one way or the other. Of course by then the options could be no bid. I still have a few and will hold them but I have accounted them to zero so anything will be a bonus.
BAS Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
