COB 3.85% 7.5¢ cobalt blue holdings limited

IMPORTANT TO KNOW THIS I got my 80,000 shares in IPO for $0.20...

  1. 168 Posts.
    lightbulb Created with Sketch. 26
    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
 
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