KDR 0.00% $1.90 kidman resources limited

Court summary - can someone provide, page-407

  1. J89
    1,365 Posts.
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    Hey buddy it's 15c
    So given that the options closed at $0.43, if you were to convert them to heads, the heads would cost you $0.58, which is cheaper then what they are currently valued at $0.595. So the 'discount' is $0.015

    At the current heads pricing of $0.595, I would suspect the options to be at $0.45-0.50.

    Keep in mind though, converting options takes a few days - weeks, so it's not instantioualy. So if you buy now at $0.43, in hope of converting and then selling for a $0.015 profit - don't be so sure.

    Hope that helps.
 
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