CDXO conversion help!, page-3

  1. 2,733 Posts.
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    Howdy.

    It may be easiest to just sell them on market. Today's price is .032.
    So if you have 1000 CDXO options you will get $32 for them.

    If you wish to convert, the strike price is .05c by 30th November this year.
    You will need to contact CardieX directly, and they will advice how to pay them the $50 to convert the 1000 options to 1000 shares.
    You could then sell your 1000 shares, for about $68 today , so you would be $18 up.

    Or hold them of course !

    Closer to the strike date the company will publish more info to make this process easier.

    You really need some financial advice , there is all sorts of tax implications around timing of conversion etc.

    Good luck.
 
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Last
3.9¢
Change
-0.001(2.50%)
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No. Vol. Price($)
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Price($) Vol. No.
4.5¢ 157414 2
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