This is not investment advice. DYOR.
You can nominate a quantity to convert, up to the maximum quantity you hold.
If you're talking MOA's, if you don't convert, the underwriter will assume ownership of your options once you let it lapse, and he himself will pay 1 cent to effectively buy a CTM share. You can do the same.
Binwoods description in post 32551858 is simple logic of how to think about the MOA options.
But if you dont want to convert some of your MOA's, then sell the ones you dont want to exercise on market today and get something for them at least.
Hope this helps. IMO
HB
Ann: More High-Grade Nickel-Cobalt Assay Results From Itapitanga, page-200
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49.0¢ |
Change
0.030(6.52%) |
Mkt cap ! $243.3M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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| Price($) | Vol. | No. |
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| 49.0¢ | 4358 | 1 |
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