GGP 0.00% 0.6¢ golden gate petroleum ltd

ggpo penny will drop, page-51

  1. 2,472 Posts.
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    That's right, you can convert at any time by simply phoning the company and asking for the conversion form... There is probably a way of doing it online these days.

    Or you can simply trade them on market for the profit ( difference between head and exercise price)


    The real leveraged value of buying options won't be realised until the head share gets above 10c.
    When heads are >10c the leverage of options really kicks into gear...

    So if you think heads will be Sub 10c by expiry then you might as well buy heads...
    Heads @ 11c or more will really start to work the leveraged gains of the options...this is the reason the options are such a high risk investment...

    Ultra high risk/reward ratio...
 
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Currently unlisted public company.

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