IMM 6.25% 30.0¢ immutep limited

stock option advice pls

  1. 128 Posts.
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    Hi all, this may have been covered earlier but before I take up the options offer I'd like to show how much of a newb I am and clarify how they work please.

    Am I right in saying that the options bought at 2 cents can only be sold once the share price gets to 20 cents, also the option shares will only return my money back once the SP reaches 22cents?
    Every 2 cents over 22 cents means I'm doubling my return on the options?

    Thanks
 
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