Guys,
debating whether to purchase PUROA.
The conversion date is 31-OCT-2021, which will be upon us before we know it.
(I would be a lot more comfortable if the date was 31-OCT-2022)
The oppies are cheap, however, the strike price is 10cents.
So its easy/cheap to buy a truckload of options at the moment, but with what i feel
is a hefty strike price, and October being 9 months away, I wonder if its worth it, considering the share price is 3.3cents.
I guess its all relative and if the company emulates Chalice and the shares head north of $1 in the coming months,
then my 'hefty' strike price will be chump change.
Any thoughts, good or bad?
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Guys,debating whether to purchase PUROA.The conversion date is...
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