Right..... so it would cost an additional 10 cents over and above the 1c (current cost of options) to convert...that's the strike price right? Sounds like the share price would have to be 15c+ to get a decent return on the options (if buying for $0.01 now and assuming the investment of course).
Still trying to get my head around options. I only hold heads currently, however, I like the idea of a bit of a gamble on the side but need to fully understand the costs and how to convert etc. should they reach a desired price. :O I was trying to find info on these particular options (strike price etc.) but couldn't.
Right..... so it would cost an additional 10 cents over and...
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