GDA 0.00% 26.5¢ good drinks australia ltd

If you own 1m ordinary shares then you end up with 125,000 New...

  1. 7,522 Posts.
    lightbulb Created with Sketch. 382
    If you own 1m ordinary shares then you end up with 125,000 New Ords at ~43 cents and 333,333 Options exercisable at 5 cents so probably trade at ~10-12 cents. So a $54,000 investment in GDA ordinaries would give you $53,750 ($0.43 x 125,000) + $33,333 ($0.10 x 333,333 Options). = $87,083..... Why would you buy options when you can get that..
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.