MCO 0.00% 11.0¢ morning star gold n.l.

I know, but I see MCO is a long long term investment, so I have...

  1. 830 Posts.
    I know, but I see MCO is a long long term investment, so I have done well saving my money over the last cople of years. I haven't wanted to buy a house as I think homes are well over priced here in Australia and feel that the bubble will burst (if the govenment lets it).

    I'm only 30 and have been looking at long term investments for a while (played about with shares, buying and selling for little to no success). I visited the mine last time I was in sale / seaton and talked to many locals.

    I discided at the time that the options were the best way for me to pick up 400,000 shares (as the share price was holding well at 25c). Now it's a different matter, the share price is dropping and broken through the support (how low can it go.....10c??).

    At that price I could pick up far more than 400,000 shares.

    I was wondering if anyone has any info on how the company will get these options exircised? If I'm thinking this surely many other are.

    Cheers,

    Carlisle
 
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