I figure those new options should be worth around 1.5c based on the expiry, 8c strike and comparison to current EUR & EUROB pricing.
A 1 for 1 issue of the new EUROx at 0.5c should imply a current value of approx 1c per EUROA (1.5 less the 0.5c issue price)
Shame I've already sold about 4m of EUROA at around 0.5c at a significant loss.
Was my 1st and last time investing in the Tony Sage circus. Will continue watching with interest on how this unfolds and wish all holders good fortune.
EUR Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held
