NDO 1.76% 83.5¢ nido education limited

re:options sandy, page-11

  1. 37,286 Posts.
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    re: re:options sandy...frankm hi frankm

    if you buy them at 5.3cents two things can happen.

    (1) you can convert them into ordinary shares, that would cost you an additional 2cents per option.

    (2) you can sell them on market trade as options,like you would with ordinary shares.

    my STRONG advise would be stay away from the options until you know how they work ie:buying,selling converting etc

    they expire shortly, so you don't want to be mucking around especially if you don't know much about options in general.

    regards

    Subject re: re:options sandy...frankm
    Posted 12/06/05 10:24:40 AM - 14 reads
    Posted by Frankm
    IP 218.18.xxx.xxx
    Post #620153 - in reply to msg. 620131 - splitview

    Morning Stephen[i think it is]
    Just on 8,23 am here and allready veru hot.
    The NDOO are for sale at 0.053.when i looked yesterday.
    Suppose i buy some at that price what would happen to them next?
    Tnx

 
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