Iron King there is another OPTION (forgive the pun ) Prolifix correct me if I am wrong but lets say the oppis are tracking the heads as they are now @ say a .05 differential in which case another scenario for you IK would be taking Prolifix,s .04 heads
1000,000 oppis purchased @ .003 = $3000.00
heads @ .04 oppis tracking @ .035
1000,000 oppis sold @ .035 = $35000.00
profit on initial $3000.00 = $32000.00
even tracking @ .01c behind heads ie oppis @ .003 would return $30000.00
giving a profit of $27000.00
I know you asked about conversion IK but to convert and sell Prolifix correct me if I am wrong but you would be better of just selling the oppis on.
I know it would depend on timing and if you were in it to cash out, or hold different scenario,s I know but just one to watch IK that,s all, depends on your time frame and holding etc etc
ie you may decide to cash a parcel of oppis in order to pay for the parcel of oppis you wish to convert and hold as your investment in ESI.
Think its down to a personal thing really whether you convert or sell suppose thats why they are called OPTIONS plenty of them if they are in the money
I think I am on the right track with the above don’t want to give anyone the wrong info so please correct me someone if I am off track
Go ESI
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No. | Vol. | Price($) |
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 2512916 | 8 |
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