88E 20.0% 0.2¢ 88 energy limited

88EO options, page-148

  1. 1,021 Posts.
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    If you pay 2 cents per option it is then converted to be traded as 88E

    In the example your stating, you can then sell it for $1, essentially you have made .002 + .02 = cost of .022
    sold for $1 = .0978 profit

    But capital gains is the full amount if you dont hold for 12 months

    Alternately, if you have held it longer than 12 months and 88E is $1

    You would expect the 88EO price to be in the 90s, you may choose just trade it to someone else and take the capital gains discount
 
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