FGROB is an option to buy a full head share (May 2017) for the...

FGROB is an option to buy a full head share (May 2017) for the exercise price of 10 cents.

So, for example, if you bought FGROB now for 6cents, you would pay a total of 16cents after exercising next May.

The option also allows you to buy more shares for a set amount. More leverage.

It's a bit of a gamble on what happens to the head share in between.

If you think FGR will be well ahead of where it is now, then you will do very well.

Lets say FGR gets to 50c by next May - you will have paid 16c for a 50c share.

The risk is that the FGR share price drops below 10c - you lose all your investment in FGROB.

Hope that helps.


I am heavily into FGROB - but then I'm a glass half full sort when it comes to First Graphite !!