CCC 0.00% 0.1¢ continental coal limited

Could you explain to me the advantage of the options? Besides...

  1. 263 Posts.
    Could you explain to me the advantage of the options? Besides the fact that you can get more leverage is there any other purpose?

    As the options get closer to expiry they are likey to track closer to the SP - 5 cents and therefore fall in value? Correct?
 
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Currently unlisted public company.

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