PEN 1.15% 8.8¢ peninsula energy limited

I think people need to check their definition of in the money....

  1. 184 Posts.
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    I think people need to check their definition of in the money. The initial 1cent cost is a sunk cost. if u were to decide to exercise the option you wouldnt take into account what u initially paid. just weigh up is it cheaper to buy on market or exercise. It does not mean you will profit though.@ 1.20 it will on the money. Above that is in the money
 
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