MGT 6.78% 31.5¢ magnetite mines limited.

MGTOC MGTOD Options, page-220

  1. 3,365 Posts.
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    It depends on a number of factors.

    Say you have $10k to invest. It will buy you either 150,000 heads or 400,000 oppies.

    Should the share price get to 10c by October off the back of an outstanding PFS, and given we have already hot 8 cents on sentiment, the ODs will be trading at 5 cents ish.

    So if you bought heads, your profit will be $5,250. If you bought options, your profit will be $10,000.

    I know which scenario I would prefer.
 
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