FDL flinders diamonds limited

bought options too high, page-11

  1. 1,853 Posts.
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    Andy, if thats your gut feeling, thats fine.Im not mad, you are entitled to your opinion. My gut feeling is that FDL will not remain at 10 cents. My gut feeling is 20-25 towards the end of the year. So even if i have to convert and pay 18.1 all up, personally, for myself it doesnt matter because i have 500,000 free carried heads already. Plus 250,000 options converted to heads will mean all up my 750,000 holding will only owe me 6 cents.

    I did say that anyone who believes FDL will go up more than the converted price of their options should probably just convert. If you dont believe it will, then...get out as soon as you can.

 
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