RRS 0.00% 0.1¢ range resources limited

Ha ! no I oknow when I sold - I think about twice the was about...

  1. ds
    7,131 Posts.
    Ha ! no I oknow when I sold - I think about twice the was about 0.5c discount cause I could be bothered moving or amending my order. I am in exactly the same boat as you though! The discount p!ss me off so much I didn't sell them in the low to mid teens like I planned - istead I exercised them and sold heads at 24-25c so equivalent 19-20. A much better result. When the oppies got above 20c I did sell a small amount but they were even again by then.

    I will exercise more in the next 2 weeks so I have some for liquidity and some for leverage. If the arb widens again to about 10% I will try to stand in and bid for options and sell heads. I figure it helps me (I make 10%) and helps RRSO holders who want the CGT treatment if they held for a year and helps Range who seem to want cash for development or acquisition and helps RRS buyer who don't seem to want to bother with the arb.
 
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