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3.0¢ biotron limited

i bought the BIT options at 23c and BIT on 0.425c and...

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sauri

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29/10/18

09:41

Post #: 36293374
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Originally posted by Selvan: ↑

The OA lets you buy the shares at 6c prior to 31 Nov 2018. So the only time not to convert them would be if the SP falls below 6c.

Even if the SP falls to 8c, you would still be 2c better off converting, than if you let them expire.
If you do not have the funds to convert them; then sell them prior to 15Nov which will give the new owner a couple weeks to convert them.

Letting them expire will mean that you get nothing back.

I will be converting mine next week; cannot see the SP going below 6c. People holding the Head Shares may have some advantages over option holders if there is a CR at a discount to the SP . . . . . . maybe with some BITOC's attached for good measure LOL.

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i bought the BIT options at 23c and BIT on 0.425c and now options crashed to 0.098, and BIT to 16c. do i need to sell the options before end of november ? Can i still continue holding it and not take any actions ? Im not exactly clear about options. Please advise

BIT Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.000(0.00%)		Mkt cap ! $27.06M

Open	High	Low	Value	Volume
3.0¢	3.0¢	3.0¢	$5.252K	175.9K

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No.	Vol.	Price($)
2	707862	2.9¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
2	707862	0.029
4	304631	0.027
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Price($)	Vol.	No.
0.030	79328	3
0.031	99129	1
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0.033	100000	1
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i bought the BIT options at 23c and BIT on 0.425c and...

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