JKA 0.00% 0.3¢ jacka resources limited

jkaob is on drugs

  1. 210 Posts.
    Why would someone buy in at $0.17 for the heads when they could buy the $0.15 exercise price options for less than $0.01? They are in the money by double that. On the upside you make many times back your investment (if the stock goes to $0.20, or an 18% rise from now, you will make over 500% when you trade them in for real shares), on the downside you cap your losses at $0.01 (so if the shareprice goes down to $0.10 then the heads will lose $0.07 per share, the options will lose $0.01 per option).

    Sure the options expire in a few weeks and there will be a slight delay in getting the heads after you send in the forms, but at these prices the options are delish! I’m in anyway. I’m not trying to spruik as I will wait to exchange them for heads (I was going to buy JKA shares anyway), so going to enjoy my nice little discount to the current JKA share price...... for free.
 
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Currently unlisted public company.

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