LEG 9.09% 1.0¢ legend mining limited

options, page-7

  1. 22,691 Posts.
    So, you think, that if the shares are 23 cents and the options are 8 cents, 15 cents to pay later, is ok?

    Oh yes please, anytime, and I'll even be prepared to pay more for the Option.

    What you are suggesting is amongst other things that I have free use of that 15 cents without paying interest!

    If one has confidence you may want to buy 2 Options and then if the share price rises, you want to keep them, dispose of 1 to pay the outstanding amount for the other or sell the lot, whatever.

    Of course if a share price falls, the Option price falls too, often with the same amount.

    Gerry



 
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