LCL 6.25% 0.9¢ lcl resources limited

LCLOB WORTH A PUNT, page-54

  1. 351 Posts.
    lightbulb Created with Sketch. 123
    Sorry I’m just trying to get my head around options completely.
    Say I buy LCLOB @ .04 & then they hit there conversion price of 0.16 or whatever it is. Do I then convert them with the profit I’ve made from purchase price to conversion? Sorry if I’m confusing you as I’m confused myself! Haha.
 
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