Hey buddy, atm the options are really worthless, value comes in once we pass 50c the conversion price.
Its when ( fingers crossed ) we hit 70c 80c 90c ++ that you will be over the moon you have a few.
In basic terms SP is $1, you convert your options by paying 50c, you can sell heads for $1, you have made 50c minus the initial .005c buy price.
Its also a great way for the company to raise funds down the track ( $12.8mill ) if everyone converts.
Its a no brainer really if you have some small change to throw at it.
Hope that helps man.
Hey buddy, atm the options are really worthless, value comes in...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $13.48M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $7.619K | 52.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105607 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 50000 | 1 |
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| BM8 (ASX) Chart |