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september , page-54

  1. 4,103 Posts.
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    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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