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2.22% 2.2¢ beacon minerals limited

I think the doc means that when the 1c oppies are trading @ 1.9c...

  1. MVL01
    403 Posts.
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    18/01/10
    22:47
    Post #: 6217294
    I think the doc means that when the 1c oppies are trading @ 1.9c then they are worth 90% more than the strike price. If they were to fall to 1c then they are worthless come Aug 2010. This is highly unlikely to occur imo.
    Please correct me if I'm wrong doc. Cheers.
    BCN Price at posting: 2.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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