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AVZ

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78.0¢ avz minerals limited

Something for Option Holders to Consider, page-6

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Wombat2

2,383 Posts.

2859

05/01/18

19:13

Post #: 30082235
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Originally posted by pbx ↑

Being the experienced investor that you are, it would be fair to assume that your average on AVZO is sitting somewhere north of 5c. So you accumulated an extra million shares maintaining your cash liquidity.

I understand that individual finances and funding vary, and converting into heads now is good, given the SP appraisal.

What I do not understand is how a catastrophic event would allow holders of heads more leverage over option holders ? Wouldn't it be sudden death for all ? Head holders would rush to the exit, yet even a shell-value of 3c per share would only fetch you your exercise costs.

I am not saying that one shouldn't or needn't convert options now, but I cannot exactly follow your logic. Unless, of course, one puts in various intermediate selling orders, just in case.

Do you believe that the demise of interest in options is an omen of sorts ?

I am reasonably confident, that SP will reach markedly beyond your expectations.

My day off today and I have been babbling a lot. Please, forgive me if I have said too much and good luck.

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Hi mate
There is not enough daily turnover in AVZ options. It is probably close to a 1/20th of turnover of AVZ heads. It would take me 3 weeks at least to sell 3m options and mt selling would almost certainly depress the AVZO price.
Chrs W2

AVZ Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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Something for Option Holders to Consider, page-6

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