I hold a heap of ASNOC but I won't be converting until next year sometime.
Why bother converting to get heads plus more oppies that I have to convert at 9c in October which will get me more oppies that I can then convert at 20c in 2023 when I can just buy more ASNOC for 8c now and convert for only 3.5c in 2023. ..... 9c October.?...20c 2023...v.....8c now 3.5c 2023....? Do you get what I'm saying or am I a complete knob?
surely the 16.5c conversion saving would out weigh the extra free oppies with high conversion rates?
Ann: Placement, Bonus Option Issue and Exercise of Options, page-101
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