Exercise Price of the options is $0.015
They expire 30th June 2013, so we have over a year to go.
0.001 seems right at this stage because remember...the SP needs to be at least 1.6 cents for investors to break even, should they decide to convert.
So although we had a great day with tremendous volume and a nice increase in value, $0.005 doesnt warrant the
2's and 3's of the oppies to be taken out...yet.
It all depends on how strong and how genuine this run is. If on monday morning we see dumping/profit taking into $0.005, the oppies will probably also be sold at 001.
However in the coming days if more support is added to the buy side and 006 gets taken out...the amount of shares available to buy looks very dry and we can hopefully expect a sharp rise in both sp and oppies imo.
Exercise Price of the options is $0.015They expire 30th June...
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0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.843K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1835723 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1449825 | 7 |
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