CFR 0.00% 0.6¢ cluff resources pacific nl

can somebody explain to me how cfro works pls, page-6

  1. 273 Posts.
    CFRO exercise is 2.5c-they have no intrinsic value,only time value @.4c plus b/s value making up the balance.
    If CFR goes up a lot you're in clover,if not "options expire worthless".All the punters are on to this one, the nice announcements have been made, the company is on the make;how much further can it go.Overall market sentiment is bearish.......
 
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Currently unlisted public company.

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