SRN 16.7% 0.5¢ surefire resources nl

3.4c initial Target followed by 5.1c, page-514

  1. 1,783 Posts.
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    Discrepancy between options and heads is that options were freebies, but SRN has stated that options can not
    be exercised until November 23, AND, minimum parcel is 500,000, as ASX charges $1,922 for conversion.

    So, that information has scared off small players who are taking profit whilst they can, with big players,
    beating the price down. I got some more today, and will get more as trades allow.

    The arbitrage is just too good to ignore, and conversion is not subject to CGT, until heads are sold.




 
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