KRR 0.00% 1.3¢ king river resources limited

Mt Remarkable - next results, page-6

  1. 1,116 Posts.
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    Yes you are correct KRC will release more results. Gold as well as vanadium and CS/SS update within the next 10 business days. The JV announcement wont be until the next quarter, which would be after the completion of the scoping study. In regards to options I am referring to the ASX "Understanding options trading"
    https://www.asx.com.au/documents/resources/UnderstandingOptions.pdf

    Page 3 under What is an option?
    In order to take up this right to buy the STO shares at the specified price, the taker must exercise the
    option on or before expiry.

    Page 6 under Option features it states:
    Expiry day
    Options have a limited life span and expire on standard expiry days set by ASX Clear. The expiry day is the day on which all unexercised options in a particular series expire and is the last day of trading for that particular series.
    For options over shares this is usually the Thursday before the last Friday in the month.
    also
    All option classes (stock or index) have expiries based on the financial quarters (March, June, September and December).
    For example, a June expiry means that the option expires on the expiry day in June. If
    Thursday or Friday are not business days, the expiry day is brought forward to the next
    business day.
    Last Friday of June 2018 is the 30th so I would gather it would be Thursday 29th June as when they can be exercised?

    All constructive criticism welcomed, as these are my thoughts and interpretation that I post, and they do not replace professional advice and no one can truly predict, in any way, future trade quotes and performance. Good luck to all that hold.
 
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Mkt cap ! $19.86M
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1.3¢ 1.4¢ 1.2¢ $20.60K 1.547M

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7 933716 1.2¢
 

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Price($) Vol. No.
1.3¢ 128764 1
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