PEN 4.55% 11.5¢ peninsula energy limited

Hi Preempt, I was almost tempted to take up options, but held...

  1. 1,163 Posts.
    Hi Preempt, I was almost tempted to take up options, but held back due to my ignorance or knowledge how options work or could benefit me. Originally my thoughts were this is a bit of a steal getting offered this little pot of gold - all I had to do was sit out and sit on my options until a certain date then whoolah......cash them in and reap in the cash.
    Well after seeing this outcome, a lesson has been learnt - not that other Companies have most probably had successful Cap raisings via options, but I feel for you guys if this doesn't come off for you,
    cheers,
    Ray.
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