Trustieone,
You must own the shares by the RECORD DATE (which is yet to be released to the market) to get the 0.5c 1 for 2 15c expiry options
They should list at a minimum of 6cents imo. They have 2 years to expiry, offer amazing leverage and this was a 75cent stock remember
In fact, they could list at 8cents.
So at 8 cents, they offer 3.5cents in value at todays levels on the ordinary shares
8cents/2 (as 1-for-2) = 4cents
4cents - 0.5c (cost) = 3.5cents
Thus, buying at these levels is cheap as chips.
- Forums
- ASX - By Stock
- CTS
- buying options only
CTS
contact uranium limited
buying options only, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)