GPP 0.00% 0.1¢ greenpower energy limited

Ann: Share Purchase Plan Update, page-26

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  1. 4,294 Posts.
    lightbulb Created with Sketch. 511
    Not necessarily correct: buying heads on market @1.3c and options on market @.007 (current sell lines) will reap more gains versus SPP Shares @ 1.3c with 2 attaching options for ever 3 shares subscribed for, options strike price .018c.
    As an example:
    300,000 SPP shares purchased @ 1.3c = $3,900.00
    Free attaching options for share subscribed to 200,000 @ .018c (strike) = $3,600.00 (when exercised)
    Total = $7,500.00 for 500,000 shares

    300,000 shares purchased on market @ 1.3c = $3,900.00
    200,000 options purchased on market @ .007c = $1,400.00, exercising options @.01c = $2,000.00
    Total = $7,340.00 for 500,000 shares, includes brokerage
    Net gain $160.00 in my pocket......

    I also predict that during the wait between drilling and assays the share price may even break the 1.3c support.

    cheers
    All the above IMO
 
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