AUL 0.00% 28.5¢ austar gold limited

Vertigo The days to exercise or expiry as quickly running out...

  1. 491 Posts.
    lightbulb Created with Sketch. 1
    Vertigo

    The days to exercise or expiry as quickly running out with just over a month as I understand exercise date is by 1 December 2013.

    I recall a MNM & re-rate & rally approx 2 years ago the MNM opts at that time (where I thought expiry was 31 December 2011) went from (a) well outside of the money shortly before expiry to (b) on the money on expiry/exercise date to <7c I think> (c) over 4 times multiple of the money approx about a month later. <29c from recollection>.

    A month out in 2011 I did not think those MNM opts would get in the money, BUT I saw a great re-rate ....

    What are your sentiments of the current MNMOA options in terms of getting into the money?

    Perhaps many of the current IK critics will become believers & ardent IK supporters within the next 35 - 40 calendar days?


 
watchlist Created with Sketch. Add AUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.