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5,814 Posts.
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23/10/13
12:36
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samwise, I was asking the same question to myself.
If you look at it, they do provide a great opportunity.
You pay 6c in 3 and a half years time to exercise.
That's a pretty good option.
If the share price goes to 20c you make 3 times your money in the shares at current levels.
The options will go to 15c in my opinion and that means 5 times your money.
That's a significant difference.
You spend less money then buying the share and you have the comfort that you have in excess of 3 years for them to be converted to shares.
I reckon that's a pretty good deal.
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