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

I've got 150,000 to exercise and been thinking this throughAt...

  1. nk
    3,079 Posts.
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    03/09/08
    11:27
    Post #: 4224858
    I've got 150,000 to exercise and been thinking this through

    At this point I will exercise the options if the price if above 20c and I'm still happy with the way things are going

    If a bunch of option holders start buying on the market the price is going to go past 25c anyway.

    If I don't exercise odds on the price will fly within days of expiry!

    However I don't see the price rallying anytime soon. I've got shares in highly profitable small cap coys trading on pe's of 3 to 4, that is the reality of the market right now.

    When the goldies finally come to life, its going to one heck of a ride though.



    MCO Price at posting: 16.1¢ Sentiment: Buy Disclosure: Held
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