LRS 1.25% 19.8¢ latin resources limited

Gotcha. But if you buy the options with the intention of...

  1. 9,883 Posts.
    lightbulb Created with Sketch. 5239
    Gotcha. But if you buy the options with the intention of eventually converting, then the lack of liquidity shouldn't matter right?

    As a current example:

    Current LRSOC bid: $0.034

    Exercise price: $0.12

    Am I right in saying that if you buy LRSOC today at $0.034 then the maximum you will pay to convert each option into a unit will be 4.6c?
 
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