Hey CB3, mate google company options when you get a sec. And also check 'ISXO' on a stock quote. In summary its the the ability to buy the right- but not obligation to pay for fully paid ordinary shares at some point in the future at a set price. In this case ISXO have a exercise price of 0.50 cents. Which means you pay a small premium now and your entitled to the numbers units you bought @ 0.50 cents if you wish to take them up. So why buy these???? Well if ISX FPO are for example $1 by December (VERY IDEAL), then you pay half the value through the share reg and sell em at twice the value (if you want)....wooo hooo. Not sure if you wanted the technical answer but this is just in case.......Else answering your question in a different way is that for a company offering 'options' @ an exercise price of 0.50 cents by December, knowing full well that it will only be of benefit to holders if the shares price is above 0.50 cents thus shows a great sense of confidence in their performance. I bought a bunch of them very early on real cheap. Such a small outlay for such huge potential IMO Ahhhhhhhh hope this helps. Cheers mate
ISX Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
