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  1. bobadah
    10,319 Posts.
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    24/07/14
    13:49
    Post #: 13708762
    Anyone interested in buying a couple of hundred thousand options at 18c? I would use the proceeds to buy TNG shares at 22c (or 23 if they kick a bit higher).

    Reason - I will end up with less TNG/TNGO overall and so miss out on the leverage provided by being in the options if the whole of TNG surges a bit on the next announcement, but it does allow me to convert for 4c to 5c rather than 8c.
    TNG Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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