MAY 3.33% 3.1¢ melbana energy limited

JPMorgan Sees ‘Stratospheric’ $380 Oil, page-92

  1. 160 Posts.
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    It really depends on your circumstances. I’ve exercised all my options already, …might still buy more, but then I’m very positive about the company’s prospects and I will be holding long term.
    Others on this forum are also extremely positive, so much so they’ve gone boots and all into the oppies, which give you more leverage to share price movements. But if you haven’t the available cash sitting around to convert them all, then obviously you will have to sell some oppies to exercise the remaining parcel.
    With the impending announcements expected in coming days and weeks, holders are hoping to see price gains, meaning they would have to sell fewer to free up the cash.
    GLTAH
 
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