King River puts on a Show at Mt Remarkable, page-40

Yeh can see what you are saying but if u bought options at $0.035 cents X 100000 as in my case (in the first few weeks /a month of coming out) and was hopeful of them being in the money & the option price flying north? When i was looking at selling (the options only) i could have got out at around the $0.005 mark = $3000 loss. As a long term investor, i already have a nice low average price from buying a parcel of KRC shares last yr. Then the company announces 1 bonus for 3 shares held (KRC & options) i decided to pay a little premium by taking up the shares & am at no loss until sold? but if i sold as like in the example above i could of bought KRC (for example sakes) 100 000 x $0.085 = $8500 ( so yes a saving of $1500 in this example but have lost $3k for selling the options? therefore total expediture would = $8500 + $3000 = $11500. Where as: currently i have paid $13500 for the 100 000 options / converted (10000 +3500). In other words the options was a little gamble & alternative strategy to my KRC portfolio.