ICG 0.00% 0.7¢ inca minerals limited

Ann: RIGHTS ISSUE OVERSUBSCRIBED, page-162

  1. 3,496 Posts.
    lightbulb Created with Sketch. 1040
    Yeah I think I understand lol..

    I interpreted from your last post that if you sold your 50k options on market for 1.1c you’d make 55k dollars...

    If the heads were 20c and the oppies are trading at 1.1c then your 50k options are worth $5,500 selling under the options ticker..

    Heads at 20c and you convert 50k at 9c for a payment of $45,000 your converted options to fpo are worth $100,000 under the fpo ticker so pocket $55,000 profit..


 
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