At 3.8c the shares will have to be at least 14c before June to be "in the money". Quite possible even within a couple of weeks maybe (which would be 27% increase over current 11c). However, the shares would have to be at least 15.5c for the options to increase 27% from current value (near excersie date). Obviously there is some leverage/speculative value in mpooa at the moment, but if the shares stay at the current price then mpooa will be about 0.5c. They were a great punt at .6c, but not so sure about now. So given the risk, the head shares would have to be a lot higher than 15.5...Any comments?
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held