PRW 0.00% 0.1¢ proto resources & investments ltd

Ok so i don't claim to be any expert on options etc but surely...

  1. 576 Posts.
    Ok so i don't claim to be any expert on options etc but surely the PRWOB's represent fantastic value.???

    Last price 0.012 and excercise price of 5c in Dec 2011.

    Sooooooo that means they have to be worth 6.2 cents in Dec 2011 (a whole year away) to break even. I'm thinking surely this is a nobrainer??? Current PRW price 4.6 cents and looking to break 4.7 cents sometime real soon.

    What do the rest of you think?

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