kepo you can buy options under the STLO code. However, I would...

kepo you can buy options under the STLO code. However, I would suggest you do some more research on options and the common things to look out for.

1. they have an expiry date (set by the company)
2. You have to pay a set price to convert them into proper shares before they expire (can find this in past company announcements)
3. They can be hard to sell as the deadline for expiry gets closer, especially if the share price is lagging and as we said above if they are not highly traded (not enough liquidity)

There are benefits of course in buying them, and that is mainly in the ability to buy them at a discount to normal shares. However, the gamble is...you are assuming share price will go higher at a later date. Lots of people make decent profit from such a gamble, but there are lots who also get caught with options expiring, so do a bit of research before you decide to buy.

In the STLO case, they expire Dec 2018. You will have to pay current price of approx 1.0 to 1.5 cents (if available) and then a further 5 cents before expiry date to convert them to normal shares, otherwise you lose them.

Current share price is 3,7 and I think a safer bet if you don't have much experience with options.

regards

Amok