MYG 4.86% 68.5¢ mayfield group holdings limited

how do the mygoa options work?, page-2

  1. 395 Posts.
    lightbulb Created with Sketch. 19
    Expiry date on the MYGOA is 23/07/2013 from memory.

    They have an exercise price of 5 cents.

    From now till expiry if you pay the company 5 cents they will issue you a share.

    So at the moment you are paying a 1.3cent premium (9.8 + 5 = 14.8 shares are 13.5.)for the extra leverage the options grant, a good call if you are bullish on mutiny.
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.