LIN 2.04% 10.0¢ lindian resources limited

comfortably numbers ;-), page-4

  1. 1,320 Posts.
    lightbulb Created with Sketch. 6
    about 136 million of these must have been issued as replacements for lino/linoa which expired 31 dec 2011 because there are about 136million of these. they got them at 2c.
    i think these are stale lino/linoa holders getting out at a profit, just a guess.
    with lin at 18.5c, theoretically, linoc should be 10.5c plus a bit of time value which often puts long dated options up a cent or 2.
    if i could, i would be tempted to exercise now. that is an impractical thought because it takes a number of days to do this and anything can happen over that time.

    i hope this is right and i havnt stated the obvious, probably have to some people.
 
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