AEGO, page-4

Yeah 16/11/17

I've lost a heap on oppies over the years.....Prefer the heads...

Problem is, once the heads hit conversion price...($1.10 ) they need to account for the option conversion in the head price.....

ie....they need to make 2c for every 1c gain in shareprice/NTA (Given equal number of heads and options )....the closer to option expiry , the less time valuation in the options.....

There are longer dated options out there , APLO springs to mind with an extra year (Amost ) that would be a longer run race than AEGO's?

Luck to ya's