IMPORTANT TO KNOW THIS
I got my 80,000 shares in IPO for $0.20 and sold at $0.26
so I made $0.06 x 80,000 = $4,800 profit
BUT my broker just told me that if I buy back in and hold 80,000 at 30th April then
I will get 1 free option
The option will be traded on the ASX
I will get 20,000 free options
At yesterday's closing price the options will be worth $0.06 each
and because they are traded I will not need to exercise them i.e I can just sell them.
So by buying back in I will make an extra $1,200 profit
Good stuff
Important if you want Free COB options
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
