I hope the below helps.If you have up to $30k how do you...

I hope the below helps.

If you have up to $30k how do you maximize exposure while minimizing risk ??

SP 30000/0.056 you get 535,000 shares with option to double up to 1,070,000 within 3 years if everything goes well ( you need to spend $62,060 to covert in the future, usually you sell some heads)

On market you would get only 600,000@ 5c.

If everything goes well and we reach $SP with 3 years, the conversion can be don by selling few shares (i.e. 70,000) so you end up with exposure of 1,000,000. shares is everything goes well and 535,000 everything goes wrong....

Summarizing , benefits of the SPP vs on market buy:

1. For the same money you have more upside and less downside by participating on the SPP than buying on market.

2.- Your money goes straight into IMU's coffers, better for YOUR company achieving their objectives.

3.- As by-product of the above, if you sold your holding to participate in the SPP you have a Capital Loss.

This is just my view, and the reason myself and my wife sold our IMU holdings to participate in the SPP.

Of course if your holdings are much bigger than the $30k the above doesn't make sense.

Have a nice week, and good luck with your investments.