RAC 0.66% $1.51 race oncology ltd

Race options thread, page-788

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    IGNORING THE TIME VALUE OF THE PIGGIES

    BK the profit per exercised option column is correct.
    So is the simple return column, provided that the piggies aren't tradeable.

    But if the piggies were to be listed they would become easily tradeable. Then one could obtain the profit shown in the profit column with an outlay of only 75 cents by selling the piggies rather than exercising them. So the return on that 75c outlay would be much higher than what's shown in the last column.

    PLUS THE TIME VALUE OF THE PIGGIES
 
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