KRR 0.00% 1.3¢ king river resources limited

Ann: Trading Halt, page-48

  1. 967 Posts.
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    The only potential down-side to ANNs between now and the end of June is that , if the SP really takes off , the strike price for the newly issued Options will be much much haughtier than the ( currently ) anticipated 10 cents ( based on the average Weighted price in the 5 trading days prior to June 30 .

    The optimum strategy , as I see it , is for the SP to be just over the present Oppies strike price on 30 June , which not only guarantees their conversion in to new money but also pegs the new ones' strike price , leaving the bonanza SP gains into the new Tax Year,
 
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