MAY 3.57% 2.7¢ melbana energy limited

the options last 1 year. before the options expire.so the...

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    the options last 1 year. before the options expire.
    so the options you get , you can sell on the market on the first day of listing .
    it has a strike price of .035 cents .
    usually the price of the normal shares go up , the options will go up as well.
    so im thinking if the normal shares hit around 5 cent mark the options should be close to the strike price ..035 (example only )
    so if the shares go up ,to say 7 cents oppies might be 5.5 cents .
    so you can fill in a form and buy the options for 3.5 cents and make 2 cents if u sell them .
    the options if u buy them ,is calculated over a three day period if i remember right .so you will get that price not the price on the day .
    hope that helps .dyor
 
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