GMI
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0.00% $1.02 global mining investments limited

re: free money - long dong let me get something straight.. sorry...

  1. OMS
    7,354 Posts.
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    06/02/06
    21:55
    Post #: 1359368
    re: free money - long dong let me get something straight.. sorry im a n00b to this..

    GMIO excercise price is $1..
    GMIO price is 25c
    GMI SP is $1.25
    latest Excercise date 30/11/06

    so if you buy 100k options($25k) to excercise you need to find $100k and send it in to GMI and you get 100K full shares.. ($25k options+100k to excercise=$125k for 100k shares) if you go on market and buy 100k shares you pay the same dollar amount

    whats the upside? you end up even or am i missing something

    dont laugh... too much anyway :))
    GMI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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