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