88E 33.3% 0.2¢ 88 energy limited

Options with options

  1. 9,057 Posts.
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    So I woke up last night thinking about my 88EO(options) holding.

    These expire 2/3/18. In the last last Annual Report there was 275 individual holders of these.

    Now DW has 25mill that expire Feb 2018 and 40mill that expire Nov 2018.

    If Icewine 2V spuds on time this should be around end of Q1 2017, so March.

    I don't know DWs investment strategies but what's the chance he wants to minimise his CGT and convert his options Feb 2017.

    If this happens, I'll be converting mine before 2/3/17.

    Does this sound reasonable, based on the fact I have had very little sleep.

    Cheers
    GLTAH's
    DYOR
    And all that
 
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