MLS 10.0% 2.2¢ metals australia ltd

Both the MLSOA and MLSO options offer good leverage to the heads...

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    Both the MLSOA and MLSO options offer good leverage to the heads though neither has much for sale at the 'right' price at the moment. Details of each as per the last 3B are:

    MLSOA 920,925,000 @ $0.01 on or before 31 May 2020
    MLSO 215,111,667 @ $0.003 on or before 1 December 2019

    Both have decent time to expiry but I prefer the MLSO personally given the smaller number available to trade and that the $0.003 exercise price is pretty close to being in the money with the heads at $0.006.

    Having said that, the heads at $0.006 look pretty good too! Too much choice!!

    Best of luck to all.

    Bornite
 
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