AVB
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0.00% 16.5¢ avanco resources limited

options ?, page-21

  1. EarnOrBurn
    139 Posts.
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    04/10/10
    11:38
    Post #: 7276379
    Hi Nathan21,

    Please excuse my ignorance if I have this completely wrong

    "Investors,

    Heads - 14.0 cps
    Options - 11.5cps

    Discount is = 14.0/[11.5+1.5] = 7 percent discount on heads"

    If the exercise price of the oppies is 1.5c does this not mean that it is the OPPIES that are trading at the discount as they are MORE than 1.5c lower than the heads ?

    Happy to learn your reasoning. Thanks
    AVB Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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