Eventually all those options have to end up with people who either convert them or throw them away, so their real value is the WMT premium to 35c when converted minus their purchase price.
All there can be on top of that is a zero-sum gambling game, i.e., as many losers as winners.
I wouldn't be losing sight of what those options actually represent.
Pezz
- Forums
- ASX - By Stock
- WMT
- terrible finish
WMT
western metals limited
terrible finish, page-48
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online