Why exercise at all ?
If he can see genuine potential he just sits on the options until they are worth 2,3,4 x what they are now, by that time he arguably can either get the money to convert (save or get a low interest temp loan) or sell the minimum amount of heads to convert the rest for a guaranteed pay day.
The only reason you would do it this way is if you were worried or not convinced about the end game which is a far cry from the vast majority of flogs on here claiming 60c - 2 dollar SPs.
Why exercise at all ?If he can see genuine potential he just...
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $142.8M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.3¢ | 8.1¢ | $66.99K | 816.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 221580 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 50000 | 1 |
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| Last trade - 15.36pm 06/06/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.3¢ | 8.2¢ | 226128 | ||
| Last updated 15.32pm 06/06/2024 ? | |||||
| 4DS (ASX) Chart |