Currently they are cheap according to Options Pricing: Black-Scholes Model.
If you could be bothered doing the formula, I did it a few months back and they were worth about Black- Scholes .0075cents,
Problem with options in explorers is the cap raising always dilutes/lowers SP, which makes it difficult to reach Strike price... ARD however has some major catylist for projecting us over strike over the next 12months... I purchased quite a few myself a while back at .006cents, and I'm happy with the risk to reward... certainly give a lot of leverage to company
Add to My Watchlist
What is My Watchlist?