I do not have experience with options - so contacted Security Transfers
and was told money was required upfront to exercise options.
Hypothetically lets say you hold 1m options exercisable at $0.10 and the fully paid share price is $1.00.
You want to exercise your options, but don't have the $100k .
Is there someway you can commit to selling the amount of fully paid shares required to pay for the transaction after the options have been exercised?
Anyone had experience with this?
OGX Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
