SI6 0.00% 0.1¢ si6 metals limited

Ann: Company Update, page-16

  1. 2,412 Posts.
    lightbulb Created with Sketch. 2608
    Options are lagging by a long way...

    Even without taking premiums into account you can do simple math and figure out how heavily discounted...

    Subtract 0.008 (strike price) off current sp and you can see real value if you were to exercise today (current time/intrinsic premiums value them even higher)

    Eg sp at 2.8c - 0.8c = 2c

    current value on SI6OD is 0.012

    This means I could pay 0.012 for option then convert it at 0.008 (not that'd you would convert today)
    so total outlay is 2c...

    sp was 2.8c earlier - that's 0.8c discount for same amount of shares!!!

    big discount for big leveraged play...
 
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