I'm well versed in the risk of Options and how they work - it's just that I get grumpy when the risk does not favour me and rightly or wrongly blame the Company.. With these July 2024 Options I honestly believe the Company was more hoping and wishing than planning. I mean the exercise price was so far out of the money it was a laughable ending
Conversely to you I've generally done quite well with Options - the biggest win being Weebit Nano Options that I bought for 4.2 cents (got some for nothing), exercised at 45 cents and sold for over $6.00.
Next week we'll have a fair idea whether these September Options have much hope of being exercised - at least most of us don't have that many
UNTO Discussion, page-160
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