GBZ 11.1% 1.0¢ gbm resources limited

Ann: Results of Entitlement Offer, page-21

  1. 6,450 Posts.
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    They trade like heads but you need to exercise options before expiry by paying 11c per oppie.

    It’s a leverage play but I only buy oppies if I intend to convert at some stage.I don’t trade them.They will be illiquid so keep that in mind.

    July 2023 expiry leaves plenty of time to end up well in the money and dare I say mega in the money
 
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