shares v options

as we (still) are awaiting what we are anticipating will be good drilling results, we stop and consider the value options between shares and options.

based on trading values of 2.3 and 0.9, i have come to the following conclusion:
IF (as big or small as an "if" as you want it to be) the sp goes to 4.5c, then my presumption will be that the options could trade at a minimum of 1.8c.
In this example, the sp would have risen 2.2c or 95.6% and the options 0.9c (100%).

So, if the sp does go above 4.5c, then the options are likely to be the better investment.
I notice that the sp has now gone to 2.4c - which may change the sp calculation % up a little, but if I'd done it this morning, then the sp calculation % would have been a little lower.

mitis, if you're concerned about the possible expiry of the options, you're welcome to send me an email, and we can discuss further.

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