Gassy if the Heads are only 25c this time next year then i very much doubt that the oppis will be sat @ 6c
With only just under 3 months to expiry this time next year there will be no intrinsic value left the premium will have dissipated the oppis with luck will be travelling @ around 1.5c MAX
In which case Gassy i am hoping you have loads of cash saved up because your only way out would be to either dump your oppis or convert
each conversion of 1Mill oppis would cost you $270,000.00 so is going to cost me in the region of $462,500.00 to convert
So what will yours cost Gassy
The heads need to be @ least 26.2c bare minimum by expiry for the holders whom have not added to their holdings since original issue.
@ 26.2c my holdings would not be in the money i would be out of pocket.
Gassy i think you need to re evaluate your expectations it is going to take more than patience my friend, i hope your BALLS ARE MADE OF STEEL
The oppis once over the 12month threshold are going no where untill such time as the sp tops 25c
WATCH AND WAIT MY FRIEND
Like i said my holding in the heads should we hit 25c will cover my losses in my oppis
Can you actually say the same thing.
ANP Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
