VIL verus investments limited

options

  1. 299 Posts.
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    can someone explain to me the theory behind vil options.
    I understand they are an option to buy a share at a given price (ie 10cents in think for these). Does that mean if VIL (or VILO) get to 10 cents that they can then be converted to actual shares (at what cost??)

    Cheers
 
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