PRM 0.00% 0.5¢ prominence energy limited

Sasanof-1 Target Depth Week Stream, page-62

  1. 3,046 Posts.
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    Can anyone care to clarify for me please. Options sellers are currently selling at 0.004 and cost 0.002 to convert. That's 0.006 all up. After conversion you can currently sell these for 0.007. I guess by the time conversion takes place, if the drilling is unsuccessful the heads share price may drop to 0.004 and the options are then worthless?
 
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