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Lots of great info in this thread - thanks for your answer...

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stranger401

92 Posts.

17/07/14

19:22

Post #: 13676553
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Originally posted by unsinkable ↑

Stranger, yes in that example he would have to fork out $180,000 to convert ALL his options into shares... OR what I would do is sell 3,000,000 options at .17, get $510,000 in return, and use $90,000 of that money to convert the remaining 3m options into shares... That way you still have 3m shares and $420k cash left

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Lots of great info in this thread - thanks for your answer unsinkable - the fog is clearing.....

RMR Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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Lots of great info in this thread - thanks for your answer...

Top Stories

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Markets were expecting Trump to bomb Iran. It's just another new normal

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

ASX Market Open: Futures rocket on 'total and complete' Israel-Iran ceasefire | June 24

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field