ALA 11.1% 15.0¢ arovella therapeutics limited

hi guys. can someone please explain how the 50000 options work...

  1. 40 Posts.
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    hi guys. can someone please explain how the 50000 options work that i have been issued with. Been on YouTube all morning tying to get my head around this. my understanding is that the strike price is 1.5 cents with expiration of june 2021. so if the price moves above the strike price i have the option to buy my allocated amout at 1.5 cents even if the current price my be say 2cents then i can sell anytime above 1.5 cents. i really got no idea i am bloody lost. lol. hopefully someone can make sence of my dribble
 
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14.5¢ 50000 1
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