GGP 0.00% 0.6¢ golden gate petroleum ltd

options, page-5

  1. 1,272 Posts.
    Nollmac
    Where do I start?
    Not so simple answer is I hold GOR
    They were 8c on market for heads
    Options were .03 with a conversion of 7c by 30/6/2011
    Heads were 8c
    I had 60k heads value $4800 and no oppies
    If i had options I would have had 160,000
    Gor went off!
    Heads made 55c for a brief moment value $33,000
    Options were .03 and went to from memory .35c
    If I had 160k option (same value) and it went to .35c as it did it would have been $56k in my pocket lol
    Then I would convert at .07c/ share = $11,200 leaving $44,800
    Profit $11,800
    Please help code breaker!
    Did i get that right!!!


    I am an idiot if I did lol
 
watchlist Created with Sketch. Add GGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.