Can anyone please help me out here, I am a bit lost here with the oppies talk.
the OC’s have a strike price of 5c. So do the OD’s. If one was to be a true believer in this company, it should not matter whether you convert OC or OD because in a few month time we’re most likely past the PFS and both options should be well and truly in the money. If things work out. I have several million OC’s and even if the SP drops below 6c, in 12 month that doesn’t matter. What matters to me was the fact that I was able to get them at 0.2 cents rather than 2c.
Please correct me if I have missed something.
thanks and have a cracker of a Monday!
MGT share price, page-4864
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