VIL 0.00% 1.6¢ verus investments limited

vilo options, page-3

  1. 162 Posts.
    " I don't think you really understand how options work."

    That's fine, we can't all know everything like you do and have such a smug attitude to match.


    "The options can be converted to ordinary shares at a price of 10cents (must be before June 30th)"

    Yeah got that part. That's fine. I understand that.


    "So, if you buy VILO now at 0.008 you effectively have to pay .108 cents to transfer them to ordinary shares"

    Why do i have to pay 0.108 to convert them? If VIL gets to 10c per share I can convert my options to heads. I don't understand where you are getting this number from.

    Heads go to 10c
    I buy oppies at 0.8c

    10/0.8 = 12.50 . That's where I'm getting that from.

    Why do I need to pay 0.108 to convert them?

    I would be good if you replied without the attitude.
 
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