DXN
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14.8% 7.0¢ dxn limited

The options are a leverage play. More exposure for less money...

  1. Thedoubtfulone
    95 Posts.
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    18/07/20
    07:47
    Post #: 45951388
    The options are a leverage play. More exposure for less money but sitting on a time bomb. If the share price is above the exercise price you can exercise the right to pay 2 cents per option to be issued a new share. Hence.more issued shares but cash in bank from exercise. So the NTA would increase so I would expect minimal dillution and allow for further expansion


    IMO
    DXN Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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