Ahmm no i think you are wrong.Firstly - for every SWTOA option...

Ahmm no i think you are wrong.

Firstly - for every SWTOA option you get 2 shares. With SWTOA at 5 cents and the shares at 11 cents, SWTOA is failsafe. and obviously has a negative premium of 5%.

As far as rights for adultshop exercisable at 10 cents with the sharees at 11, you have to be in dreamland if you think anyone in their right mind is going to pay 5 cents. Do you need reminding that ASC fell from 30 cents to 6 cents on dodgey figures in months. Who is going to pay your 5 cents or about a 350% time premium???

I own ASC, so i am not down ramping it as a stock, it is a small part of my portfolio though as although it is very good vaklue, its very risky based on past performance. So that sort of time premium for the rights is crap, no mattter what your calaculator says.