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what is the benefit of buying option?

  1. kacon
    12 Posts.
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    13/09/12
    15:45
    Post #: 10714523
    Could someone help me to understand the benefit of buying the option offer?

    Option cost $0.01 and exercise price is $0.04
    The total cost will be equal to $0.05/share right?

    Now the market price is $0.03
    Isn't it better off to buy the ORD share at the current price with no expiry date?
    QFY Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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