Thanks for the response Hope2, i am a new in investor in the stock market in 2015 so have much to learn, and of course i make mistakes and seem to have imperfect time.
This is the first situation where i have held a share that has issued an option so is a learning experience for me. My situation is i want more stocks than i can afford and am likely over-excited being a new-comer to the share trading / owning world so i don't have any spare cash as its all in assets as i get it, i appreciate being able to understand this process as a holder so have at least understood the situation more next time i get the opportunity.
I will still hold my stocks of BYR as costing more and unlikely to be redeemed i dont deem this to be short-term dillution so hence figure it wont negatively impact the SP at this level (i hope this is the intention of issuing a Option with this conditionality)
Annoucements have been good since i have been a holder, guess i am just on the bearish side cause im down in this stock book value so for me personally i am reminded of that when i open my trading account.
All the best to BYR holders and hope if you do accept subscription that BYR moon-shoots and you can redeem for some cherry on top profits!
Add to My Watchlist
What is My Watchlist?