Quick profit but some risk involved. Try this strategy: Buy oppies at 15/16 now and exercise immediately. Chances are that shares will be registered a week later (allowing for cheque clearance), so that would be around Tues 19th. Sell shares then, hopefully at profit but at least picking up 1.5c discount. Then buy oppies with proceeds and exercise again and probably get the options at 1.5c discount to the shares. Profit is therefore 3c without allowing for any increase in the share price along the way
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
