RMX 0.00% 0.1¢ red mountain mining limited

options for dummies - rmxo/rmxoa

  1. 38 Posts.
    Hi Guys, I did ask this question in the 'newbie' thread that was started a while ago, but didn't get it answered, and I believe there may be a few others in here with similar questions - so I will ask it again.

    I am an investor in RMX and have had shares for a month or so before all the current hype - in Addition - I applied for and got (SO far not in my hands yet) my 15K SPP allocation. In noticing the price of RMXO going up and down, I bought a few $K worth of RMXO purely to sell when the price went back up. I am now thinking it may be better to hang on to these and exercise them. But I am not familiar with options. My question is - what does the RMXO shares entitle me to, and at what price, at what level do they become useful?

    Would appreciate a decent answer!
 
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