It says that all options will be tradable in March 2023, so if you buy loyalty options next year at 0.01 and excercise is 0.o63 your break even will be 0.073
Your options will turn up in your broker account, you choose to sell them like any other share on the market …
option buyers have a lot to consider.
1. Expiry of option
2. The current share price (time of trading) are they in the money or close to it?
3. Speculation on where silver is going
4. Is IVR management kicking the goals and being frugal with money?
Generally speaking if the share price is at 0.063 when options are listed.. one might pay 0.02 + for each option knowing they can accumulate more share rights and in the hope hope in two years time shares will be worth much more… options are highly speculative but can be very lucrative, if they expire out of the money they are worthless… and lose value significantly as the approach expiry.
You likely know all this… but thought it might be helpful for newbies on this forum to gain understanding.
IVR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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