BIG GOLD MINE, page-452

what rubbish!
1) There’s little demand/liquidity for oppies till they’re in the money (if & when they get listed ie). For which heads would need to be > 12c just to cover their strike price or be worthless.
2) Often these are used for leverage more than anything from buyers to allow higher holding & conert close to expiry paying the strike amount. Usually the long dated ones 2-3yrs are ideal. We have a 12 month expiry on these.
3) Your 2shares at 6each & a “free” attached option that costs 12c gives an avg of 8c/share. But you’ll happily sell the stock at 5.5c each? Lol.

If the strike price was ridiculously low, yeh I’d be more upset but just bcoz they’re free doesn’t mean anything till they get listed to begin with & they’l then move in sync with the heads. You’ll be lucky to get 1c for them till price is north of 12.5-13 on the heads.

”price u get for options will be included in calculation”