WOF 0.00% 1.1¢ wolf petroleum ltd

wofoa 5c 2018 options a bargain with little premium, page-5

  1. 19,172 Posts.
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    As Johnrap says at the start of this thread, they certainly are a tempting play.

    With a conversion price of just 5c and with the 'heads' currently trading at 6.9c there is almost zero premium baked in.

    I would've thought that with speculation alone of what the share price might be in nearly 5 years, the options would be trading at around 4c or 5c.

    Under 3c is a gift IMO.
 
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