MLS 0.00% 2.0¢ metals australia ltd

MLSOA has an exercise price of 5c, so if you want to convert...

  1. 62 Posts.
    MLSOA has an exercise price of 5c, so if you want to convert them into MLS shares you need to pay an extra 5c.

    If you buy MLSOA for 5c, it doesn't matter what MLS goes to you just need to pay an extra 5c to convert them.

    MLS could go to 50c and all you need to pay to convert them is 5c.

    If MLSOA goes to 20c and you buy some, you still just need to pay 5c to convert them. Thats why MLSOA will always be at least 5c behind MLS.

    You don't have to convert MLSOA for another 2 years so there is no rush to pay that extra 5c, instead you can sell them and make double the profit.

    At these prices oppies are the way to go if you wanna make some good profit...
 
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