IMU 1.69% 6.0¢ imugene limited

IMUOE - Please help me understand this and it's value, page-14

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    Hi Jumanji,

    Automic is a company that provides Share Registry Services it is not a broker and does not buy and sell shares. However, you do send money to Automic when you exercise the Options which Automic then passes the money on to Imugene.

    You can sell/buy IMUOE Options at any time on the Open Market currently for around 7 cents per option.
    You can sell at any price you like or you can pay the exercise price of 11.8 cents per option before 31/08/26 and convert the option to a full share

    Currently if you buy an option for 7 cents you need the value of the shares to be above 18.8 cents to make a profit. (7 cents + 11.8 cents)

    E.G. Buy 10,000 Options for 7 cents = $700
    Exercise 10,000 options at 11.8 cents - $1,180
    Your total Cost to buy Options and convert to shares $1,880

    Total Value of you Shares @20 cents per share = $2000
    Total Value of you Shares @50 cents per share = $5000
    Total Value of you Shares @Bazillion cents per share = $Gadzillion

    I'm hoping the share price will be closer to $Gadzillion than 50cents.

    Not Advice, Bazillion and Gadzillion are really big numbers and most likely unobtainable, DYOR and all that stuff.
 
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